You’re probably semi-familiar approach to trading in cars as a good way to lower your debt over time. I’m not a big fan of this one. If you’re not familiar with this idea, let me break it down for you: It’s basically an approach where you continuously trade in your cars over the years andContinue reading Creative Car Buying to Lower Debt
Ah the ol’ mileage log. Get in your car, open your glove box and take out this tiny pad of paper. Write down where you’re going, how many miles it took you to get there, and what your meeting is for. Lots of fun, right? Or better yet, look at your digital calendar at theContinue reading Mile IQ, Logging Travel for Deductions
Are you in the market for a SUV or truck? If so, then it’s time to go shopping thanks to the 2018 Tax Cuts and Jobs Act. There is a little-known IRS section of the tax code called Section 179 that can get you into a new vehicle of your choice and into a lotContinue reading Urgent: End of the year car deduction
How about a new car Christmas?? This is another car tax deduction so buckle up. Let’s say you have completely paid off your business car which means there are no more deductions associated with it. You might think this is the end all be all for deductions, but there are actually more you can takeContinue reading Deductions, Drive-in’s- and Dives
