A taxepayer has an upscale rideshare business. They earn a substantial amount of income by driving high net worth individuals, executives of compaines and politicians around the city. Is this a business expense that can be deducted by the taxpayer? Interest charges of $900 for the loan on their mercedes sprinter

Answer rating: 100% (QA)

No a taxpayer who operates an upscale rideshare business and ea... View the full answer