1 result for tag: Car and Truck


2017 Car and Truck Depreciation Limits

  Business use vehicles have several challenges. Part of the challenge is that there are special rules known as “Listed Property” attributes that recognize there are both personal and business attributes associated with the same asset; the vehicle has a “Value” to the individual and their business using the vehicle. Thus the 2017 Car and Truck Depreciation Limits.   The “Conceptual Challenge: The differences of a “Business Van” say, for a “Construction Person” compared to the “Executive” with a new Mercedes. As a result, congress has limited the amount of depreciation of allowable as a deduction in instances that ...