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Article Date:
June 2006


Word Count:
268

 

 

Best Strategy for SUV Saves Self-Employment Taxes


I live in the mountains and we get lots of snow, especially this year. I drive lots of very hard miles. Each year, I buy a used SUV with a GVWR greater than 6,000 pounds. I make about $80,000 a year after expenses. Should I trade the old SUV each year, or should I sell the old SUV? (D.H., Woolfords, CA)

 

Your best strategy is to sell the old SUV and buy the replacement. On the replacement, ... Log in to view full article.

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