Automobiles are the greatest single source for the home business entrepreneur to reduce tax liability. If you are in a 28% tax bracket, you may as well be throwing a dollar bill out the window every 3 miles you drive—IF you’re not taking deductions. This book is the most simple and straightforward compilation of vehicle tax deduction information available including practical tracking tips. The 32 page book and companion audio CD include chapters on:

• Standard Mileage Rate
• Expense Allocations
• Depreciation Restrictions on Cars, Trucks and Vans
• Annual Ceilings on Depreciation
• MACRS Rates for Cars, Trucks and Vans
• Straight-Line Method
• Depreciation for Year Vehicle is Disposed Of
• Depreciation After Recovery Period Ends
• Trade-In of Business Vehicle
• Recapture of Deductions on Business Car, Truck or Van
• Keeping Records of Business Use
• Leased Business Vehicles: Deductions and Income

Don’t forget the dual purpose Home Business Expense & Auto Mileage/Expense tracker also available on this site.