• Vehicle Deductions for LLC Owners and Sole Proprietors Who Personally Own the Vehicle

    Vehicle Deductions for LLC Owners and Sole Proprietors Who Personally Own the Vehicle

    Can you deduct your car for business if you own it personally? For sole proprietors and single-member LLCs, the answer depends on mileage, actual expenses and most importantly: how much the vehicle is truly used for business. This article explains the rules clearly, highlights why 100% business use is hard to defend when you own…