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Updated about 14 years ago on . Most recent reply
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Can I deduct this advertising against my car?
We have all seen those temp magnetic or vinyl signs on cabs and such advertising for companies or business. If I were to put the same on my car could I deduct the equivalent amount of my car payment as advertising expense?
And If I can would I need to get a couple quotes every so often on such adverting to create a baseline?
And if I can deduct that, can I still also deduct for mileage driven in direct relation to business activities?
Thanks
Bryan
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Don Konipol
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If you do that you might as well send a cover letter with your tax return requesting an audit!
- Don Konipol
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