If you use your vehicle for business purposes, the IRS allows you to write off some of the vehicle's cost. By depreciating your vehicle, you deduct a specified amount of your taxable income to account for the vehicle's loss of value for each year of use. The IRS sets annual depreciation caps for luxury vehicle owners who opt for the actual cost method.
Location: 260 Chesterfield Ind Blvd Chesterfield, MO 63005
Call: (636)530-1040 or Fax (636)530-1101
Hours: Monday-Friday 8 a.m.-5 p.m.
Holt & Patterson, LLC is a certified public accounting and business consulting firm in the greater St. Louis area. Along with the president, Michael Patterson, there are approximately 20 associates with a wide range of expertise and a standard of excellence beginning in 1960.
While we offer the traditional accounting, audit, and tax services, we have more to offer. We provide business valuations, payroll preparation, and management consulting.
Copyright 2015 Holt Patterson. Site Created by K1 Creative
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