Should You Buy a Car Through Your Business? | Write-Offs, Leasing vs. Buying, & Tax Hacks скачать в хорошем качестве

Should You Buy a Car Through Your Business? | Write-Offs, Leasing vs. Buying, & Tax Hacks

Should you buy, lease, or finance a car under your business? In this video, we break down everything business owners need to know about writing off a vehicle: from deductions, leasing vs. financing, personal vs. business use, and even strategies like wrapping your car for advertising. Whether you run an LLC, S-Corp, or are self-employed, this guide will help you avoid mistakes and maximize your tax savings. Timestamps: 00:00 Intro 00:41 Should I Lease or Finance My Vehicle? 04:54 Business Vs. Personal 06:57 Example Scenario 11:26 Are You Allowed To Switch Between The Two? 13:32 Using Multiple Cars For Business Purposes 14:46 Personally Owned for Business Owned? 16:01 Sales of The Old Business Vehicle 21:28 Recap / Important Things to Know 22:27 Commuting For Work: Business or Personal Use? 23:50 Multiple Businesses: Using A Vehicle 24:12 Wrapping The Car As An "Advertisement" 💡 If you found this helpful, don’t forget to like, subscribe, and drop your questions in the comments! We’ll cover them in future episodes! #BusinessCarWriteOff #BusinessTaxes #SmallBusinessTips #TaxHacks #LLC #SelfEmployed #BusinessOwner