If I wrap my car for my business what kind of tax deduction can I expect?
If a car is wrapped could every mile driven be considered an advertising cost? How do business tax deductions work for wrapped cars? ...
If a car is wrapped could every mile driven be considered an advertising cost? How do business tax deductions work for wrapped cars?
No.
The only deduction you could take would be the cost to wrap it.
Good luck! :0)
Advertisment expense on your schedule C
No.
There was a court case related to this a few years ago.
The court agreed with the IRS in that putting advertising on your car does NOT turn normally non-deductible mileage in to deductible mileage.
The cost to put the advertisement on your car would be a deductible business expense, but it does not change the rules for determining which miles count as a business expense.