• 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

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    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…