Latest / The Jeff Trapp Podcast
Who Should Own a Vehicle: Business vs Personal
Join Jeff Trapp on the Jeff Trapp Podcast, brought to you by The Tax Planning Pros, as he tackles a common client question: Should you buy a vehicle in your personal name or through your business? Inspired by recent client inquiries and current market conditions, Jeff dives into the tax implications, insurance costs, and financial considerations of purchasing a vehicle for your business versus personal use. Jeff explains the pros and cons of each option, highlighting scenarios for sole proprietors, S corporations, C corporations, and LLCs. He covers crucial points like commercial auto…
The skinny
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