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Registered
Join Date: Jan 1999
Location: A Fly Over State
Posts: 1,581
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Question for the Tax Gurus
Wondering if anybody out there might have some advice. My wife became and independent consultant beginning 1/1/2004. She does practice management and software trainings for offices in the Dentistry field.
We bought a Touareg last year, but it was purchased under my name (I have better credit). I'm wondering if there is a way to get the Treg used as a deduction under section 179.
I know up front that the fact that it was purchased last year and in my name not hers, are both problems. So, I guess I am wondering if it would be worth while to trade it in on a new one this year and get the new one in her name. Could the hit we take for that be offset in the tax savings?
Anybody know a good tax consultant in the SF Bay Area?
Thanks,
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John 3:16
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