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The Auto Tax Deduction for Realtors and Small Business Owners

This video is for Real Estate Agents, Realtors, Brokers and other small business owners who want to learn more about the auto expense deduction. I answer the questions listed below: 1. Does the vehicle need to be titled in the name of the business? 2. Should I buy a new vehicle since it is a business "write off"? 3. What are the different methods for taking the auto deduction and which one should I use? 4. How do I stay in compliance while taking the deduction? 5. What are the difference between business miles and commuting miles? 6. How to handle the accounting for auto expense when your business is taxed as an S Corporation? Take what you learn from this video and ask your legal or tax professional all of your specific questions. If you want to contact me, my information is below. If you learned something from this video, please like and subscribe and follow me on my various social media handles below. If you would like to contact me with a specific question, please visit my website or leave me a comment. Link to Tax Planning Video:    • How Tax Planning (Not Tax Prep) Saves...   Website: https://www.navimarajcpa.com Email: [email protected] Phone: (561) 318-0232 Instagram:   / navimarajcpa   LinkedIn:   / navimarajcpa   Twitter:   / navimarajcpa   Facebook:   / navi-maraj-cpa-pllc-107003020774608   This video was created for informational purposes and it is not to be construed as legal and tax advice specific to your unique situation. © Navi Maraj CPA PLLC. All rights reserved.