Vehicle Tax Deduction GONE WRONG 😱 (6 IRS Tax Court Cases)

👉 Work with Us: https://schedule.lyfetaxes.com/discoveryapplication?video=HmB0q8srFNM Writing off your car 100% tax free for business can save you thousands of dollars every year. But get them wrong, and you could face a nightmare audit that costs you even more. Today we're diving into real court cases where taxpayers lost big with the vehicle tax deduction. We'll learn from their mistakes so you don't make the same ones. Timestamps Intro (0:00) What is Vehicle Tax Deduction? Quick explanation (0:38) IRS Tax Court Case #1 (2:00) IRS Tax Court Case #2 (4:23) IRS Tax Court Case #3 (5:54) IRS Tax Court Case #4 (7:28) IRS Tax Court Case #5 (9:19) IRS Tax Court Case #6 (10:30) Bottom Line is this (12:09) Subscribe: https://bit.ly/2HJlq46 What to Watch Next: https://youtu.be/Gkgis2XGWPQ https://youtu.be/-EDRduJ11ag https://youtu.be/591Fh7LAp40 Please be sure to give this video a like and subscribe to our channel so you don't miss out on future videos! /// Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).