You will need to keep detailed records to prove your business use when you file your taxes. Car loan interest is deductible in certain situations where you use your vehicle for business purposes.
My wife is still waiting for her 1099 forms from multiple employers — here is how to handle tax issues when an employer doesn’t send tax forms on time. When you do contract wo ...
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Don't Visit a Car Dealership Without These 3 Key Financial DocumentsIf you’re self-employed, 1099 forms and your last two tax returns ... statements help show whether you can afford the car lease or loan, your dealership will likely need several more documents.
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Econostrum on MSNWhat Trump’s Auto Loan Tax Plan Means for Your WalletA new proposal from Donald Trump aims to make interest on car loans tax-deductible, but only for American-made vehicles. The plan, unveiled during a recent speech, has sparked debate among economists ...
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