Tag Archives: Cap

04 05 06 07 08 Ford F150 Mirror Covers Cap Chrome Truck

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How do car companies profit from giving away free gas for the summer with a sale of one of their new cars?

I was watching TV and on a Subaru commercial I think, it said they’re giving away free gas for the entire summer, and on another commercial it said they’re giving away gas for $2.99. How does this work??? Well, a couple of things. They cap the annual mileage use for the car you buy at … Continue reading

Can I deduct a new car purchase for my business?

My wife and I purchased a new car in 2006. The car is used for both personal use, and for use in my business. Can I deduct anything on my taxes in regards to the purchase of this car? Would I be listing the car as a business asset? Yes, you can. However, the IRS … Continue reading