Taxpayers who previously deducted the use of their car for business purposes on past tax returns should review whether they can still claim this deduction. Business owners and self-employed individuals who use their vehicle for business purposes may be able to deduct their car expenses. Employees who use their car for business can no longer claim an employee business expense deduction.
If you need tax help or preparation assistance, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.