Deducting Business Use of a Car and Recapture

I love getting a good deal!

One of the greatest things of running a business is that you get to deduct business expenses.  I live in California and for the most part when I buy a business item, I almost feel like I get it for about 35% off!

How did I get 35%? Well i’m in the 28% federal bracket and about like 9.3% in the state bracket.  That’s like 35%ish. Close enough 😀

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