The 10 People Most Likely To Be Audited. Are You One Of Them?
- By
C. Cleveland
People With Business Vehicles
To receive a deduction for a car you must list what percentage of its use is for business on Form 4562. Claiming 100% business use is a huge red flag for IRS agents. Detailed mileage logs and calendars that specify the purpose for every road trip are important to protecting your right to make this deduction.
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