02-17-2012, 04:53 PM
As for the cost of the vehicle and tax deductions - you can't deduct the purchase price of your car or interest on a car loan as a personal, unreimbursed business expense. What you can deduct is gas, maintenance and repairs and depreciation.
So it doesn't matter that much that he has a spendy car. A car not out of line with his occupation I don't think.
Should have been made in America though. Optics, Rick, Optics!
So it doesn't matter that much that he has a spendy car. A car not out of line with his occupation I don't think.
Should have been made in America though. Optics, Rick, Optics!