For example, if the owner uses the car 50 percent for business, the owner can depreciate only 50 percent of the cost. ... The owner can determine the fair market value by checking used car value guides, such as the Kelley Blue Book. ... The best known used car price guides (available free on the Internet) are: ac Kelley Blue Book: http://www.kbb.com ac Edmunds: http://www.edmunds.com ac NADA guides:anbsp;...
|Title||:||Small Business Tax Deductions|
|Publisher||:||Continuing Education of the Bar-California - 2006|