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Chapter 822 EDITION Regulation of Vehicle Related Businesses 822  Form

Chapter 822 EDITION Regulation of Vehicle Related Businesses 822 Form

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as an accounting firm we get asked all the time how can I write off my vehicle and while that is a good question a better question is should you write off your vehicle because the truth is for most people writing off your vehicle may not be the smartest thing to do so let's clear up any confusion and truly figure out who should and who shouldn't write off their vehicle let's get right into it okay so let's start with the benefits of writing off your vehicle right like why would someone want to do that in the first place when you use a vehicle for your business it becomes a business asset and allows you to write off nearly all of the cost of owning the vehicle and there are two ways that you can write off vehicle expenses with the actual method you can literally write off almost all of the actual expenses of owning that vehicle so this includes any repairs and maintenance this includes insurance payments and registration heck you can even write off the cost of tires toll

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