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Archive for December, 2015

Depreciation and Writing Off the Purchase of a Business Vehicle Under Section 179

The purchase of a business vehicle is a capital expenditure rather than an expense. This means that it would normally be recorded on your financial statements as a fixed asset. Instead of deducting the whole cost of the purchase in…

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Posted on 12/09/2015 08:59 pm | Comments Off on Depreciation and Writing Off the Purchase of a Business Vehicle Under Section 179