Save this post📌! Here’s how W-2 earners can write off their vehicles 🤯🤯 2022 is the last year to take advantage of your ability to write-off 100% of the cost of your vehicle😱. After this year, the deduction will decrease until it reaches $0 in a few years. So I encourage all entrepreneurs to take advantage of this strategy. However you can still deduct expense like: lease payments, car insurance, car washes, parking, repairs etc.. Note: if you don’t have profit of your business you cannot take this deduction. So please don’t purchase a vehicle that you can’t afford just for the tax savings 🤦🏾‍♂️ You can learn more with my Tax-Free Living E-book! Currently 70% off 👀👀Link in bio ⬅️ #taxes #taxtips #taxhelp #taxseason