Dogpatch
Ram Guru
A guy has to use whatever means are available in this day and age!Yeah, that's a nice setup. I bought my truck, but deducted the full amount off my taxes last year as a business expense for my biz. Since it's technically a "work vehicle", I deduct my insurance, maintenance, and gas as business expenses. As long as I can justify it, I also deduct my mods, like the Diamondback Cover (since it is security for my survey equipment) and Ravelco.
As the vehicle allowance I get is a taxable benefit, even though I’m a salaried employee, I can also write off the truck and all expenses towards it, (which includes the so called “things I absolutely need to do to the truck”). I can justify it with mileage (daily log) plus the fact that I have another vehicle for personal use.
I also work from home and have an office there so I get to write off a percentage of my house and all it’s expenses.