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Its difficult to deduct cars as an expense--that is one of many expenses that the IRS will scrutinize. The broader point still remains, for a business (a 1099
by balls187 6y ago
Its difficult to deduct cars as an expense--that is one of many expenses that the IRS will scrutinize.
The broader point still remains, for a business (a 1099 is considered a sole-proprietorship) generally net income is taxed, and as a W2, your taxes are witheld per pay period.