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In this video, CPA, attorney and author Mark Kohler explains the best ways for small-business owners to write off auto expenses.
Whether you have a rental property, a home-based business or an office, the legal expert emphasizes how critical auto deductions are. Kohler goes over two options for write-offs: the “mileage” method and the “actual” method.
Speaking in-depth about how each method works and can save your business money, Kohler gets specific about how the type of vehicle you own, buying vs. leasing and more come into play.
Watch the video above to learn how you can write off your auto expenses.
Watch more informative videos from Mark J. Kohler on his YouTube channel.
Related: These Home Office Tax Strategies Could Save You Big Money
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