Advertising/ Vehicle Deduction

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  • Unregistered

    Advertising/ Vehicle Deduction

    I am thinking about getting my business name put on my van. Just wondering what this will do for my deductions? Will my vehicle then be deducted as advertising??? The miles I drive deducted as advertising??? I use the vehidle for both personal and business trips.
    I am confused on this one, can someone help?
  • Michael
    Founder & Owner-Daycare.com
    • Aug 2007
    • 7950

    #2
    Pushing this back up. Please consider registering.

    Some threads on Car Deductions: https://www.daycare.com/forum/tags.p...eduction+-+car

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    • TomCopeland
      Business Author/Trainer
      • Jun 2010
      • 3062

      #3
      Van

      Originally posted by Unregistered
      I am thinking about getting my business name put on my van. Just wondering what this will do for my deductions? Will my vehicle then be deducted as advertising??? The miles I drive deducted as advertising??? I use the vehidle for both personal and business trips.
      I am confused on this one, can someone help?
      Putting your business name on your van does not increase your deductions for the van. You can only claim business miles if the "primary" purpose of the trip was for your business. A sign on your van doesn't turn every trip into a business trip. Nice try. You can deduct the cost of putting the name on the van.

      See my article on claiming car expenses:http://www.tomcopelandblog.com/2011/...-your-car.html

      Join me for a webinar “2012 Tax Changes: How to Avoid Mistakes on Your Tax Return” Tuesday, February 12th at 8:30-10:00pm Eastern Time. The cost is $25 (100% tax deductible!). To register: http://events.r20.constantcontact.co...&llr=yatrx4cab
      http://www.tomcopelandblog.com

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