Tax Series Pt 8: How to Write-off 100% of your car as a business! #320

We have Eric McGlothen, CPA and Founder of Eric McGlothen, LLC back on the show.  In this episode, Eric breaks down IRS rules on writing off business vehicles.Things to expect in this episode:The pros and cons of using your car for businessMaximizing tax write-offs by purchasing a separate car for businessHow to use a car used for business AND personal purposesUsing apps to track your mileageMileage Tracker: Mileiq.comGuest Contact Information:Website: https://www.emac-cpa.com/Email: info@ericmcglothenllc.comTwitter: @emaccpaFacebook: https://www.facebook.com/people/Eric-McGlothen-LLC-CPA/100063691114849/Phone: (404) 946-1855Youtube Show: Level Up with Eric McGlothenWE WANT TO HEAR FROM YOU!!!!  FILL OUT THE DOCS OUTSIDE THE BOX PODCAST SURVEY (in partnership w INCROWD)INCROWDMAKE EXTRA MONEY AS A RESIDENT OR ATTENDING - COMPLETE MEDICAL SURVEYS WITH INCROWDWATCH THIS EPISODE ON YOUTUBE!Join our communityText word PODCAST to 833-230-2860Twitter: @drniidarkoInstagram: @drniidarkoEmail: team@drniidarko.comPodcasting Course: www.docswhopodcast.comMerch: https://docs-outside-the-box.creator-spring.comThis episode is edited by: Your Podcast PalThis episode is sponsored by:Locumstory. Learn how locum tenens helps doctors make more and have the lifestyle they deserve! Check them out HERE!