Question: Your client, Samantha Silverback, feels that she needs the largest possible vehicle expense deduction on her 2023 tax return because she's having a great year.
Your client, Samantha Silverback, feels that she needs the largest possible vehicle expense deduction on her 2023 tax return because she's having a great year. She calls you from the car dealership, she says she's literally sitting down right now with the car sales people, and she needs to know what will give her the biggest tax deduction for 2023: buying or leasing. Which of the following is a true and accurate answer? She states that she will be using the car 75% for business purposes
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