914's and taxes, how do I write off my a/x car? |
|
Porsche, and the Porsche crest are registered trademarks of Dr. Ing. h.c. F. Porsche AG.
This site is not affiliated with Porsche in any way. Its only purpose is to provide an online forum for car enthusiasts. All other trademarks are property of their respective owners. |
|
914's and taxes, how do I write off my a/x car? |
Trekkor |
Dec 9 2004, 11:53 PM
Post
#1
|
I do things... Group: Members Posts: 7,809 Joined: 2-December 03 From: Napa, Ca Member No.: 1,413 Region Association: Northern California |
I "sponsor" myself. I have permanent advertising on the car for my business.
How do I legally write off my car as a business expense. Or am I just entitled to the cost of the window banner? What do the big sponsors do? (IMG:style_emoticons/default/confused24.gif) KT |
Howard |
Dec 10 2004, 07:59 PM
Post
#2
|
Incontin(g)ent Member Group: Benefactors Posts: 5,785 Joined: 24-July 03 From: Westlake Village, CA Member No.: 943 Region Association: None |
Anthony, cheating? A bit harsh? (IMG:style_emoticons/default/blink.gif)
Maximizing after tax income is the goal of every company, so expensing as much as possible with pre tax dollars makes sense. Getting your name in front of the public is the single most important thing a business must do. Advertising is the manure that makes a business grow, and I can sling BS with the best of them. Oh, and visit my website for quote on your auto and home insurance. We represent Mercury, Progressive, and Hagerty for some of the lowest rates in California. Saying that just in case Brad decides to charge a membership fee so I can pay it out of the company account as a write off. (IMG:style_emoticons/default/biggrin.gif) |
Lo-Fi Version | Time is now: 27th September 2024 - 12:10 PM |
All rights reserved 914World.com © since 2002 |
914World.com is the fastest growing online 914 community! We have it all, classifieds, events, forums, vendors, parts, autocross, racing, technical articles, events calendar, newsletter, restoration, gallery, archives, history and more for your Porsche 914 ... |