Monthly Archives: November 2023

Business automobiles: How the tax depreciation rules work

Published on: November 15, 2023 By: Oozle Media

Do you use an automobile in your trade or business? If so, you may question how depreciation tax deductions are determined. The rules are complicated, and special limitations that apply to vehicles classified as passenger autos (which include many pickups and SUVs) can result in it taking longer than expected to fully depreciate a vehicle.

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