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Most people know that they can deduct costs related to their work or business when calculating their taxable income. However, specific technical rules govern the deduction for certain expenses. In order to stay within accordance with the IRS, it is essential that you are familiar with these rules so that you can take full advantage without fearing an investigation. In this episode, Evgeni Ivanov will be joining the show to talk specifically about Section 162 of the Internal Revenue Code regarding vehicles, auto deductions, and in what circumstances it is acceptable to expense your vehicle as a business owner or an employee.

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