Tax Reduction Letter - How the IRS and Courts Have Approved the Two-Car Tax-Deduction Strategy

Article Date:

September 2011

Word Count:

515

How the IRS and Courts Have Approved the Two-Car Tax-Deduction Strategy

In the article titled “Find New Tax Deductions with Two-Car Tax Strategies” you learn how you might benefit from the two-car tax-deduction strategy.

In this article, we examine how the IRS and courts have recognized and approved this tax-deduction strategy.

Three Tax-Deductible Cars in Melvin Case

In Melvin, the U.S. Tax Court noted that the IRS and the taxpayers had agreed on the allocation between business and personal mileage among three cars used during the taxable year in dispute. The court proceeded to ... Log in to view full article.

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