TaxMamas TaxQuips: Tax Quips
Sec 179 for 2 Cars
Today TaxMama hears from Pam in the TaxQuips Forum, with a good question. “1 purchased 1 new vehicle in 2010 that is used for both of my businesses (Sch C). How do I allocate the new vehicle Sec 179 deprecation expense to both businesses?â€
Aaaah