TMTW #460 – 2019 Last Minute Vehicle Purchases to Save on Taxes

Tax and Money Tip this Week:
2019 Last Minute Vehicle Purchases to Save on Taxes
November 20, 2019 | No. 460

Here’s an easy question: Do you need more 2019 tax deductions? If yes, continue on. Next easy question: Do you need a replacement business vehicle? If yes, you can simultaneously solve or mitigate both the first problem (needing more deductions) and the second problem (needing a replacement vehicle), but you need to get your vehicle in service on or before December 31, 2019. This linked article below helps you find the right vehicle for the deduction you desire.
Click Here to read article.

Questions or Comments?
You can add comments on the blog, call 919-847-2981, or visit our web site. We look forward to hearing from you.

Mark Vitek, CPA/PFS, CFP®
…until next week.

 

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