“2023 Last-Minute Year-End Tax
Deductions for Your
Existing Vehicles”
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The end is near!
2023 that is, and the last day of the year, December 31, is just around the corner.
That’s why you should act promptly before that date if you want to take advantage of some really nice tax deductions!
You see, December 31 is the last day you’re eligible to claim deductions for your existing business and personal vehicles.
Deductions that can dramatically cut your 2023 taxes.
In my new issue of The Tax Reduction Letter, I’ll explain proven strategies you can use to unlock the deductions trapped inside your existing business cars, SUVs, trucks, and vans.
Here’s just some of what you learn in this article:
- Why you may want to take back the vehicle your child or spouse is driving sell it at a tax deductible loss.
- A legal buy-and-sell strategy for the self-employed that saves on both self-employment and Income taxes.
- When it’s possible to cash in on pre-2018 vehicle trade-ins.
- When you may want to put your personal vehicle into business service.
- What to do if your vehicle strategy involves your S or C corporation.
The next step? Read my new article. I won’t steer you wrong.
“2023 Last-Minute Year-End Tax Deductions for Your
Existing Vehicles”