Re:One Day After Indictment, Former Chesapeake Energy CEO Di...
by sriram_sun on Wednesday March 02, 2016 @06:40PM
(#11213995)
If it's a big SUV you can take write-offs. Here is some data from my accountant. "By way of example: $40k suv. $25k section 179. Then bonus is 50% of the $15k remaining $7500. Then a little bit of standard depreciation. So that vehicle would be a $32,500 deduction if new or $25,000 if used."
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