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“When is an SUV a car, and when is it a truck?”
This may sound like a riddle, but believe me, it’s not.
It’s the basis for a painful IRS audit aimed at an innocent taxpayer.
Here’s the story.
(Strap on your seat belt. You’re in for a wild ride.)
Check out the IRS’s twisted logic…
- An SUV that’s built on a car chassis is really a truck for bonus depreciation purposes.
- Why? Because the tax code uses the Department of Transportation regulations.
Got that? (No need to answer.)
Right now you may be wondering, “what’s all this got to do with me?
A whole lot if you want to buy an SUV and get the maximum bonus depreciation you’re entitled to.
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Here’s an example.
One of our Bradford Tax Institute members took our advice, used our strategy, and got his perfectly legal $50,000 deduction!
Want to learn how you can come out a winner if you ever want to go the SUV route?
We won’t steer you wrong when you…
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