Church bought pastor a car for $50K (cash) in 2022. Licensed in pastor name. Is this taxable to the pastor? Can you depreciate the car (less personal use) in 2022?
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Church bought pastor a car for $50K (cash) in 2022. Licensed in pastor name. Is this taxable to the pastor? Can you depreciate the car (less personal use) in 2022?
Church bought pastor a car for $50K (cash) in 2022. Licensed in pastor name. Is this taxable to the pastor? Can you depreciate the car (less personal use) in 2022?
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