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Automobile tax cuts for small businesses

Started by trust, August 12, 2007, 12:51:58 PM

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trust

Does anyone know if the tax write off applies for used cars? Or if they apply to cars used for advertising?

My parents are trying to sell my Jeep Cherokee and have me get a larger SUV. All of the information I could find online had to do basically do with the SUV tax cuts being debated in Congress. I'm not sure if these apply to used cars or only new cars. If I put a thing on the back of my car advertising my dads business does that count as advertising enough for it to be considered a business vehicle? I don't know if anyone here would know this, but figured I'd ask.

CrAz3D

I'd say call an accountant.

My neighbor's wife's Expedition was bought under the company, no advertising on it.  He gets away with it fine.
What business, though?


CrAz3D

It might HAVE to be a decently large SUV, like an Expedition or something to be able to write it off

dark_drake

Or you know, you could stop trying to screw the government you love so much.
errr... something like that...

CrAz3D

Quote from: dark_drake on August 13, 2007, 09:54:24 PM
Or you know, you could stop trying to screw the government you love so much.
It's not screwing the gov't, it's working the system.

trust

Quote from: dark_drake on August 13, 2007, 09:54:24 PM
Or you know, you could stop trying to screw the government you love so much.

It's not screwing the government as it's also being used for business purposes. I don't see the problem? The government wouldn't offer tax cuts (up $25,000 for SUV's recently dropped from $100,000) if they didn't want you using them.

dark_drake

Really, you're conning the government by trying to get out of what you should pay. You're essentially putting a fucking bumper sticker on a personal vehicle and calling it a business vehicle. To be eligible for the tax breaks, the vehicle is supposed to be used at least 50% for business purposes.
errr... something like that...

trust

Quote from: dark_drake on August 14, 2007, 12:34:51 AM
Really, you're conning the government by trying to get out of what you should pay. You're essentially putting a fucking bumper sticker on a personal vehicle and calling it a business vehicle. To be eligible for the tax breaks, the vehicle is supposed to be used at least 50% for business purposes.

Advertising is a necessity for any small business.

dark_drake

Quote from: Trust on August 14, 2007, 10:14:11 AM
Advertising is a necessity for any small business.
I'm going to say it again. The vehicle is not going to be used by the business; I don't car how you want to try and swing it, it's not. It's going to be used by a spoiled kid who will put his dad's bumper sticker on it.
errr... something like that...

trust

Quote from: dark_drake on August 14, 2007, 06:16:05 PM
Quote from: Trust on August 14, 2007, 10:14:11 AM
Advertising is a necessity for any small business.
I'm going to say it again. The vehicle is not going to be used by the business; I don't car how you want to try and swing it, it's not. It's going to be used by a spoiled kid who will put his dad's bumper sticker on it.

I'm spoiled because I need transportation? What the fuck? Besides I asked if the tax cut could be used on used cars. Unless you know the answer perhaps you should just stop insulting me. I couldn't find the answer on google so I asked here.

And if by spoiled you mean because of getting a new car, the reason is because there are some problems with my current one and it's over 100,000 miles which makes my mother uneasy. By 'larger' SUV I don't mean like an Excursion or anything, I mean like a Grand Cherokee. So basically you can shut the fuck up.

dark_drake

Quote from: Trust on August 14, 2007, 08:31:16 PM
I'm spoiled because I need transportation? What the fuck? Besides I asked if the tax cut could be used on used cars. Unless you know the answer perhaps you should just stop insulting me. I couldn't find the answer on google so I asked here.

And if by spoiled you mean because of getting a new car, the reason is because there are some problems with my current one and it's over 100,000 miles which makes my mother uneasy. By 'larger' SUV I don't mean like an Excursion or anything, I mean like a Grand Cherokee. So basically you can shut the fuck up.
a) Have you done anything to warrant getting a new car besides tear your old one up?
b) You're the one who is looking to get a cheaper/free ride at the government's expense, so go ahead and feel free to use your right to remain silent

And yes, you can get a tax deduction on previously-owned equipment equipment. But again, it's supposed to be used for at least 50% business.
errr... something like that...

trust

#12
Quote from: dark_drake on August 14, 2007, 11:24:51 PM
a) Have you done anything to warrant getting a new car besides tear your old one up?

I haven't torn my old one up. The problems are problems that have been there since I got it (ie. the window regulator which alternates between window lock is stuck in permanent lock mode so passengers can't roll down their windows. The part to replace it is ~$400) Secondly, I have no control over the mileage as it had high mileage already. My mom told me she didn't feel comfortable with me driving a car with >100,000 miles so far from home and in the hills. I can't say I blame her. Because my mother wants me to be safe equates to me being spoiled? Sorry I asked a question and have caring parents.

Edit:
Plus you really know nothing of my situation and are in no place to judge.

iago

Well, a lot of people at your age drive old beater cars that they bought themselves. When I was that age I got this old Chevy Sprint which just barely moved. I could see people thinking it unfair that you get a better vehicle than most of their parents probably have (my parents anyway). It's not unreasonable to be jealous in that kind of situation.

dark_drake

Quote from: iago on August 15, 2007, 12:46:33 AM
Well, a lot of people at your age drive old beater cars that they bought themselves. When I was that age I got this old Chevy Sprint which just barely moved. I could see people thinking it unfair that you get a better vehicle than most of their parents probably have (my parents anyway). It's not unreasonable to be jealous in that kind of situation.
LMAO! Trust me, I'm not jealous.

and @Trust: Your example sucks. A window regulator doesn't make the car unsafe to drive. Furthermore, I'll judge whatever and whoever I want whether or not you think it's my place or not. If you've got a problem with it, Maddox's Cadbury Surprise is the perfect solution; you'll never have another problem with me (or anyone in this world) after it.
errr... something like that...