If the financial alphas of TikTok are to be believed, there’s a secret loophole in US tax code that allows you to buy a Mercedes G-Wagon and deduct its cost from your taxes. They’re not entirely wrong ...
New tax deduction rules can help self-employed Uber and Lyft drivers save money this tax season.The IRS allows two methods for deducting vehicle expenses. The standard mileage rate for the 2024 tax ...
Below is our annual guide to Tax Code Section 179 for self-employed and business owners who buy a vehicle. This guide encompasses qualifying vehicles purchased in the 2025 calendar year for the ...
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SALT Write-Offs: Trump Tax Changes and Requirements
The state and local tax (SALT) deduction lets taxpayers write off certain state and local taxes from their federal taxable income. Under the One Big Beautiful Bill Act, signed into law by President ...
While the “No Tax on Tips” provision in President Donald Trump’s One Big Beautiful Bill Act has been making headlines for its tax deductions on tips and overtime, there are plenty of other write-offs ...
View post: Walmart Is Selling a $130 Portable Tire Inflator for $30, and It's a 'Must-Have Car Gadget' The U.S. House of Representatives has passed President Trump’s sweeping tax bill, nicknamed the ...
Friends, we have been publishing the latest rules and eligible vehicles list for Tax Code 179 for over a decade. I encourage you to reach out to one of our Certified Car Pro Dealers at a CarPro ...
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