by HintonBurdick | Apr 1, 2021 | News
If you donate a car to a qualified charitable organization and intend to claim a deduction, you should be aware of the special rules that apply to vehicle donations. Charities typically sell donated vehicles. If the charitable organization sells the vehicle you...
by HintonBurdick | Mar 1, 2021 | News
Tax credits are still available for Qualified Plug-in Electric Drive Motor Vehicles including passenger vehicles and light trucks. The credit applies to vehicles acquired after 12/31/2009, and is limited to $7,500. State and/or local incentives may also apply. The...
by HintonBurdick | Jul 3, 2019 | News
If you’re self-employed and use your car for business, you can deduct certain business-related car expenses. There are two options for claiming deductions: Actual Expenses. To use the actual expense method, you need to figure out the actual costs of operating...
