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179 for new LLC
My wife and I are considering creating an llc for a design company that will require extensive travel out of our RI state. We have a home office, and would be traveling up to 100 miles in every direction to businesses to try to obtain clients. We would create an llc and would hope to buy a 6k lbs. Vehicle to 179 as a 100% deduction as this would be exclusively used for business only. We however have no idea how successful we will be in this pursuit! I imagine we will easily surpass the $600 for a 1099 but we are unsure of section S or not as we are new to all this. Any other Info we need before taking the leap? Thanks!
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179 for new LLC
spend the money and see a tax pro who could best advise you after hearing about your proposed business venture. we're working in the dark
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179 for new LLC
The point is really to know what to expect before, spending all the money. How are you working in the dark? What do you need to know? I'd hate to but the car and llc fees etc. All to find out we can't deduct anything because of this or that. Thus is the pont of this entirety, Understand? Thanks.
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