Welcome Guest. Register Now!  



Find a tax professional cpa near you

View Single Post
  #2 (permalink)  
Old 02-08-2009, 10:02 PM
TaxGuru's Avatar
TaxGuru TaxGuru is online now
Tax Guru
 
Join Date: Jan 2007
Location: New Jersey, USA
Posts: 1,864
Blog Entries: 3
Hm.. that is an interesting question. I see what you mean, so the Car is marked as a Real Estate Agent name or a Corporate Logo like the Geek Squad! Well, this is not a major expense item and I suppose the IRS would not have problem with this expense item so long as you can demonstrate that this is a reasonable expense item in connection with your business, which it clearly seems to be the case.

You might have a case of considering this expense as part of the marketing expense, so long as part of the expense included a touch up on the logo, cleaning it or repainting it and so on.
__________________
Find a CPA near you!

Ask TaxGuru Please refer to the legal disclaimer.
Reply With Quote
 
Follow us on Twitter
» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 
Forum for CPAs
 
Financial Planning