Learning with Sherise

Excited to write my truck off as an expense

IRS Section 179.... the truck is primarily used for business since it transports an item for An LLC.

Section 179 of the IRS Tax Code lets a business deduct the full purchase price of qualifying equipment within the year it’s purchased instead of writing off small amounts over many years. Come tax time, that can make a huge difference.

It’s the most wonderful time of the year.

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Follow us and please remember this this page is for entertainment purposes. Remember to hire a CPA as tax write offs vary from state to state.

People who make minimum wage have paid more taxes than Donald Trump in 2016 and 2017.
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It’s interesting to research how Donald Trump was able to pay only $750 in taxes due to losses.
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