Article Date:
October 2018


Word Count:
429

 

 

Q&A: Car Interest and Corporate Reimbursements


Question

 

I bought a new personal car in 2018, and I reimburse myself for any business use from my S corporation.

 

Can I reimburse the business portion of the vehicle loan interest tax-free just as any other expense, such as fuel? ... Log in to view full article.

Log in to view full article

Already a subscriber?

Email Address


Password


Log In Send me my password

You'll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter

Not yet a subscriber?
 
with a money-back guarantee
Cookie Notice

This website uses cookies and similar technologies to support essential site functions, maintain security, remember your preferences, and improve your experience. By continuing to use this website, you acknowledge our use of cookies as described in our [Privacy Policy].