{"id":68160,"date":"2025-10-18T15:55:11","date_gmt":"2025-10-18T15:55:11","guid":{"rendered":"https:\/\/wcginc.com\/?p=68160"},"modified":"2026-01-26T16:47:03","modified_gmt":"2026-01-26T16:47:03","slug":"luxury-cars-car-shows-and-the-myth-of-the-marketing-deduction","status":"publish","type":"post","link":"https:\/\/wcginc.com\/blog\/luxury-cars-car-shows-and-the-myth-of-the-marketing-deduction\/","title":{"rendered":"Luxury Cars, Car Shows, and the Myth of the \u201cMarketing Deduction\u201d"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column]\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-68f3bcffc5ab2\" class=\" wd-rs-68f3bcffc5ab2 wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none border-btm-title img-right \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><\/p>\n<div class=\"overview\">\n<h2><span class=\"ez-toc-section\" id=\"Overview_of_Luxury_Cars_as_Marketing_Deductions\"><\/span>Overview of Luxury Cars as Marketing Deductions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Luxury toys are not tax tools<\/strong>. Owning a Ferrari, a yacht, or a racing hobby might make you feel successful, but it doesn\u2019t make the IRS sympathetic. Unless the asset is directly tied to revenue generation, it\u2019s a personal indulgence \u2014 not a tax deduction.<\/li>\n<li><strong>\u201cMarketing\u201d is more than a story.<\/strong> Every taxpayer in the Cohen, Berry, and Avery cases claimed \u201cadvertising\u201d and marketing deductions. All three lost. Why? No signage, no leads, no proof. Without credible evidence, \u201cmarketing\u201d becomes a euphemism for \u201cwishful thinking.\u201d<\/li>\n<li><strong>Ordinary means ordinary \u2014 not extraordinary.<\/strong> An expense must be common and accepted in your industry, not aspirational. Contractors have trucks. Realtors have SUVs. No one needs a McLaren to visit their three rental properties (ok, they do need a McLaren, let&#8217;s be real, but it&#8217;s not solely used for the rentals now is it?).<\/li>\n<li><strong>Economic reality matters.<\/strong> The scale of the expense should fit the scale of the business. Spending $120,000 on a car for a side hustle with $40,000 in net income screams personal benefit. The IRS doesn\u2019t need forensic accounting to spot that mismatch.<\/li>\n<li><strong> Branding beats bragging.<\/strong> Car wraps, decals, and permanent signage are legitimate advertising. But the wrap is the deductible part \u2014 not the car itself. Visibility and consistency count more than horsepower and paint finish.<\/li>\n<li><strong>Substance wins over sparkle.<\/strong> Auditors care about documentation, not design. Mileage logs, client leads, and photos of real branding win audits; vanity purchases lose them. In tax law, substance always wins over sparkle (but in general life, who knows, sparkle might win over substance a few times).<\/li>\n<\/ul>\n<\/div>\n<p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-695595db0a9f2\" class=\" wd-rs-695595db0a9f2 wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none border-btm-title img-right \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p><img decoding=\"async\" class=\"alignright wp-image-26043 size-full\" title=\"Luxury Car Marketing Tax Deduction\" src=\"https:\/\/wcginc.com\/wp-content\/uploads\/CRNA-Tax-Deductions2.webp\" alt=\"Luxury Car Marketing Tax Deduction\" width=\"300\" height=\"200\" \/><\/p>\n<p>Every year, someone walks into our office with a grin and a gleaming new \u201cbusiness asset\u201d \u2014 a Ferrari, a Porsche, maybe even a pair of them. Well, that&#8217;s not entirely true since over 80% of our clients live outside of Colorado, but don&#8217;t let the facts get in the way of a good story. The story usually starts the same way: \u201cI use them for marketing. I go to car shows. It\u2019s a legitimate write-off.\u201d<\/p>\n<p>And every time, <strong>WCG CPAs &amp; Advisors<\/strong> responds with the same skeptical shrug. While you might think your Aston Martin doubles as a rolling billboard, even in racing green, the Tax Court tends to see something else entirely: personal enjoyment cleverly disguised as business expense. Or perhaps not so cleverly.<\/p>\n<p>Over the years, a handful of tax court cases have driven this point home with precision (ok, bad pun) \u2014 yachts, race cars, and even attorneys trying to write off their weekend hobbies. The common thread? The taxpayers lost every single time.<\/p>\n<p>Let\u2019s take a closer look at why these arguments fail, how the law actually reads, and what counts as real advertising versus creative fiction.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_Temptation_Two_Sports_Cars_and_a_Story\"><\/span>The Temptation: Two Sports Cars and a Story<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The setup is easy to understand. You own a single-member LLC taxed as an S corporation. You\u2019re successful, and you\u2019d like to have something nice that maybe, just maybe, can earn its keep on the tax return. So you buy one luxury car. Then another. You tell yourself they\u2019re \u201cbusiness development tools\u201d \u2014 a way to make an impression at networking events, to connect with the right kind of clients, or to \u201crepresent your brand.\u201d<\/p>\n<p>In theory, this doesn\u2019t sound outrageous. If you deal with affluent clients, showing up in a high-end car might seem like on-brand marketing. The problem is that the tax code doesn\u2019t see it the same way \u2014 it cares about evidence, documentation, and reasonableness. When the IRS looks at your business, it asks two questions:<\/p>\n<ol>\n<li>Is this expense &#8220;ordinary&#8221; in your industry?<\/li>\n<li>Is it &#8220;necessary&#8221; to operate your business?<\/li>\n<\/ol>\n<p>A financial planner or high-end attorney showing up at a car show to \u201cdrum up leads\u201d doesn\u2019t check either box. Two exotic cars in a one-person S Corp? That\u2019s a red flag wrapped in Italian leather. Oh, but that Italian leather nicely broken in on a Ferrari in resale red is sooooo appealing, isn&#8217;t it?<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_the_Law_Actually_Says\"><\/span>What the Law Actually Says<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The rules here are not ambiguous \u2014 they\u2019ve been written and tested for decades. Under <a href=\"https:\/\/www.law.cornell.edu\/uscode\/text\/26\/162\" target=\"_blank\" rel=\"noopener\">IRC Section 162<\/a>, a deductible business expense must be &#8220;ordinary and necessary&#8221; for your trade or business. \u201cOrdinary\u201d means it\u2019s common and accepted in your industry; &#8220;necessary&#8221; means it\u2019s appropriate and helpful, not extravagant or personal.<\/p>\n<p>Next comes <a href=\"https:\/\/www.law.cornell.edu\/uscode\/text\/26\/274\" target=\"_blank\" rel=\"noopener\">IRC Section 274(d)<\/a>, which covers \u201clisted property\u201d \u2014 cars, boats, airplanes, computers, and anything that could easily double as a personal toy. These assets come with strict substantiation rules: you need contemporaneous logs, dates, destinations, mileage, and purpose for every claimed use. \u201cI used it for business\u201d doesn\u2019t count by itself; you need evidence.<\/p>\n<p>Then there\u2019s <a href=\"https:\/\/www.law.cornell.edu\/uscode\/text\/26\/280F\" target=\"_blank\" rel=\"noopener\">IRC Section 280F<\/a>, which caps depreciation on \u201cluxury automobiles.\u201d Even if the car is 100% business use (which almost never happens), there\u2019s a hard limit to how much you can deduct through depreciation. The tax code does not reward extravagance. Shocker, right?<\/p>\n<p>Put it all together, and you get a simple principle: the more the asset looks like a personal indulgence, the harder it is to prove it\u2019s a business necessity.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_120000_Question_Economic_Reality_Matters\"><\/span>The $120,000 Question: Economic Reality Matters<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Here\u2019s where common sense joins the conversation. No one in their right mind would spend $120,000 on a <a title=\"Automobile Deductions with Rentals\" href=\"https:\/\/wcginc.com\/kb-rental-property\/automobile-deductions-with-rentals\/\">car just to serve three rental properties<\/a> or an online shop selling home goods. The scale doesn\u2019t make sense. The IRS doesn\u2019t need a psychology degree to recognize that you are spending $120,000 not on utility but rather on personal desire.<\/p>\n<p>When the cost of an asset far exceeds the &#8220;utility&#8221; it provides to the business, auditors assume there\u2019s a personal motive. A modest SUV for property inspections? Sure. A McLaren for \u201ctenant visits\u201d? Not likely. Ah, but that orange with black accents is such a sexy color.<\/p>\n<p>Economic reasonableness is an unwritten rule that runs through nearly every tax case. Courts routinely evaluate whether the expense aligns with the scope and size of the business. A one-person S Corp with $150,000 in annual revenue claiming a six-figure luxury car as a necessity is waving a red flag, in true Tifosi style. The expense might exist, but the business justification doesn\u2019t.<\/p>\n<p>And this isn\u2019t about jealousy or judgment \u2014 it\u2019s about scale. The IRS expects business owners to spend in proportion to their operations. When luxury enters the picture, the personal component becomes impossible to ignore. Otherwise it could get out of hand very quickly, and the tax code and tax courts recognize the possible runaway train and put the brakes on it.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Three_Cases_That_Drove_the_Point_Home\"><\/span>Three Cases That Drove the Point Home<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The courts have heard this story before \u2014 and they haven&#8217;t been impressed.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Cohen_v_Commissioner_TC_Memo_2011-235\"><\/span>Cohen v. Commissioner (T.C. Memo. 2011-235)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Jeffrey Cohen, a self-described \u201cserial entrepreneur,\u201d owned a Florida company that rented beach chairs and umbrellas. He bought a 67-foot, $2 million fishing yacht and claimed it as an advertising expense. His argument was that he took the yacht to fishing tournaments to mingle with wealthy potential clients.<\/p>\n<p>The Tax Court wasn\u2019t buying the fish story. Cohen had no client logs, no branding or signage on the yacht, and no documented business generated from the tournaments. The court found that the expenses weren\u2019t \u201cordinary and necessary\u201d \u2014 they were personal. As the Tax Court opinion put it,<\/p>\n<blockquote>\n<p>Petitioner failed to establish that he made efforts to promote his business through use of the yacht.<\/p>\n<\/blockquote>\n<p>Cohen got to keep his boat, but not the tax deduction. Anyone curious how renting beach chairs and umbrellas spins off enough cash for a $2 million yacht?<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Berry_v_Commissioner_TC_Memo_2021-42\"><\/span>Berry v. Commissioner (T.C. Memo. 2021-42)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>A construction company owner tried something similar \u2014 this time with a race car. He deducted over $120,000 in racing expenses, claiming the race team was \u201cadvertising\u201d for his construction firm. Unfortunately, there were no company logos on the car, no leads generated from the races, and no nexus between drag racing and building homes.<\/p>\n<p>The Tax Court politely disagreed with his interpretation of \u201cadvertising.\u201d The expenses were personal hobby costs, not <a title=\"Small Business Tax Deductions Themes\" href=\"https:\/\/wcginc.com\/kb\/small-business-tax-deductions-themes\/\">business expenses<\/a>.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Avery_v_Commissioner_TC_Summ_Op_2022_affd_10th_Cir_2024\"><\/span>Avery v. Commissioner (T.C. Summ. Op. 2022; aff\u2019d 10th Cir. 2024)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>And then there\u2019s Avery \u2014 a lawyer who tried to deduct car racing and car show expenses as \u201cnetworking\u201d for his law practice. The court found that racing was \u201cnot common or necessary in the legal profession,\u201d and the taxpayer\u2019s enjoyment of the activity made the business motive questionable at best.<\/p>\n<p>When the case reached the Tenth Circuit, the appellate judges agreed: while lawyers may enjoy fast cars, that doesn\u2019t make the racetrack a deductible marketing expense. Bummer.<\/p>\n<p>Each of these taxpayers had a clever story. Each called it \u201cadvertising.\u201d And each failed the same test: a lack of credible, documented evidence showing that the expense had a proximate relationship to their actual business income.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"%E2%80%9CBut_I_Go_to_Car_Shows_%E2%80%94_Thats_Networking%E2%80%9D\"><\/span>\u201cBut I Go to Car Shows \u2014 That\u2019s Networking!\u201d<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Maybe you do. But networking, by itself, isn\u2019t a deductible business purpose unless it\u2019s part of a documented and measurable marketing effort. Attending a car show because you enjoy the cars and happen to meet a few clients doesn\u2019t make the event a business expense \u2014 that\u2019s like claiming your golf trip was a deductible sales call because you discussed work between holes.<\/p>\n<p>Courts and IRS auditors look for proximate cause \u2014 a clear, direct relationship between the expense and your business. The car show defense often collapses because there\u2019s no real plan, no follow-up, and no evidence that the event produced actual clients or revenue.<\/p>\n<p>This is no different than country club dues.\u00a0<a href=\"https:\/\/www.law.cornell.edu\/uscode\/text\/26\/274\" target=\"_blank\" rel=\"noopener\">Section 274(a)(3) of the Internal Revenue Code<\/a> flat-out says (more car puns)-<\/p>\n<p class=\"legalbs\">No deduction shall be allowed for amounts paid or incurred for membership in any club organized for business, pleasure, recreation, or other social purpose.<\/p>\n<p>That means any dues paid to a country club, golf club, athletic club, airline club, social club, yacht club \u2014 even if you claim it\u2019s for networking or client entertainment \u2014 are nondeductible. Car shows? Racing events? Sailing regatta? All very similar to the club membership concept above.<\/p>\n<p>The silver lining is that meals with business associates at your country club are tax deductible, and this includes renting the club&#8217;s banquet hall for a presentation or similar event.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_%E2%80%9CDoes%E2%80%9D_Work_Car_Wraps_and_Real_Advertising\"><\/span>What &#8220;Does&#8221; Work: Car Wraps and Real Advertising<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Now, let\u2019s give credit where it\u2019s due: there are legitimate ways to use your vehicle for advertising. A full wrap with your company\u2019s name, logo, phone number, and website? Absolutely deductible as advertising expense. Even door magnets can count, though the IRS tends to view removable signage with more skepticism.<\/p>\n<p>The cost of the wrap or magnets is deductible in full as advertising. However, the rest of the car\u2019s expenses \u2014 fuel, maintenance, insurance \u2014 must still be prorated for business miles. You can\u2019t suddenly treat every grocery run as a marketing campaign just because your logo is on the back window. Yeah, don&#8217;t believe your bartender or produce clerk.<\/p>\n<p>And no, wrapping a Lamborghini in your company logo doesn\u2019t turn it into a tax shelter. A $3,000 wrap on a $300,000 car still looks like a $300,000 car. The IRS notices that too, and privately scolds you for taking a lovely Urus and wrapping it with a logo. You should probably be arrested for something like that.<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-6955965ff3f79\" class=\" wd-rs-6955965ff3f79 wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none border-btm-title \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h2 class=\"info-box-title title wd-font-weight-800 box-title-style-default font-primary wd-fontsize-m\"><span class=\"ez-toc-section\" id=\"The_Motorcycle_Exception_When_the_Asset_Becomes_a_Billboard\"><\/span>The Motorcycle Exception: When the Asset Becomes a Billboard<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p><img decoding=\"async\" class=\"alignleft wp-image-68188 size-full\" title=\"The Motorcycle Exception\" src=\"https:\/\/wcginc.com\/wp-content\/uploads\/068160_2679840843_motorcycle_advertising_300.jpg\" alt=\"The Motorcycle Exception\" width=\"300\" height=\"210\" \/>Now here\u2019s a gray area that could actually work under the right conditions.<\/p>\n<p>Imagine an insurance agent who specializes in motorcycle riders. He buys a Harley-Davidson, wraps it with the agency logo, and because it doesn&#8217;t drip oil, he parks it permanently outside the office in a custom display spot near the front door. The bike never moves. It\u2019s insured as property, not as a vehicle, and it\u2019s included in marketing photos and social media posts.<\/p>\n<p>In that case, the motorcycle isn\u2019t transportation \u2014 it\u2019s signage. It\u2019s advertising property, much like a storefront banner or a 3D logo sculpture.<\/p>\n<p>If, on the other hand, that same agent rides it to lunch, to work, or to bike rallies, it becomes listed property under IRC Section 280F, and the personal-use problems return. Suddenly, you\u2019re back to mileage logs and substantiation requirements.<\/p>\n<p>The line between \u201cmarketing display\u201d and \u201cpersonal enjoyment\u201d is paper-thin \u2014 but it\u2019s also the difference between deductible and denied.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Avoid_Crashing_an_Audit\"><\/span>How to Avoid Crashing an Audit<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>If you\u2019re claiming business use of any car, the key to surviving an audit is simple: documentation, documentation, documentation. Real estate has its location, location, location, why can&#8217;t the IRS have a catchy trinity?<\/p>\n<p>Keep contemporaneous mileage logs that show the date, destination, and purpose of every business trip. Keep receipts for wraps or signage and take photos showing that the car is used in public view as a branded vehicle. Record leads or clients that come directly from that exposure.<\/p>\n<p>The IRS doesn\u2019t expect perfection \u2014 but it expects honesty, consistency, and proof. \u201cI met people and handed out cards\u201d is not proof.<\/p>\n<p>Also, the tax code doesn\u2019t hate your toys. It just refuses to subsidize them. You can absolutely market your business, and you can even do it creatively. But there\u2019s a difference between a marketing strategy and a lifestyle justification.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Doesnt_Have_to_be_All_or_Nothing\"><\/span>Doesn&#8217;t Have to be All or Nothing<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Keep in mind that a luxury car used in your business does not have to be all or nothing. No one says you cannot drive a Ferrari to your rental property or go two towns over to pick up groceries on a sunny day. Rather than attempting to convince the world, and yourself, that the car is 100% business use, a more practical and safer way to work a fun car into your tax deduction strategy is assigning a reasonable business use percentage. This takes a ton of pressure off of your documentation and proof of a business connection.<\/p>\n<p>For example, you say your car is 20% business use. Sure, you can&#8217;t use bonus depreciation or Section 179 expensing, but you can still enjoy a modest tax deduction. Your story would go like this- &#8220;I mainly use the fun car for pleasure, but at times I drive it to client events and other business outings. Here are the connections I made, and the leads generated including some revenue earned.&#8221;<\/p>\n<p>Pigs get fed. Hogs get slaughtered.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"4_Steps_to_Deducting_Your_Luxury_Car\"><\/span>4 Steps to Deducting Your Luxury Car<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Ok, this can&#8217;t be all gloom and doom, or like Sister Sue from parochial school giving you the &#8220;tsk tsk.&#8221; Here are 4 steps to tighten up your tax deduction-<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Step_1_Prove_its_actually_a_business_asset_not_a_midlife-crisis_accessory\"><\/span>Step 1: Prove it\u2019s actually a business asset, not a midlife-crisis accessory.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Before you even whisper \u201cdeduction,\u201d make sure the car genuinely serves your business. A vehicle has to be ordinary and necessary in your trade \u2014 meaning other people in your industry actually use similar cars for similar purposes. If you\u2019re a real estate agent showing properties? Maybe. An Etsy shop owner delivering packages in a McLaren? Probably not. We mention McLaren often&#8230; such a pretty car and a great Formula 1 team.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Step_2_Track_everything_like_the_IRS_is_your_passenger\"><\/span>Step 2: Track everything like the IRS is your passenger.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The moment you put a car on the books, you\u2019ve invited the IRS for a ride-along without the Kevin Hart comedy. You\u2019ll need a detailed mileage log showing every business trip \u2014 dates, destinations, and purpose \u2014 plus receipts for fuel, maintenance, insurance, and any wrap or branding work. \u201cI drove it for business sometimes\u201d is not documentation; it\u2019s an admission.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Step_3_Match_the_spending_to_your_scale\"><\/span>Step 3: Match the spending to your scale.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Economic reasonableness matters. The IRS expects your expenses to make sense relative to your business size and income. Spending $120,000 on a \u201cmarketing vehicle\u201d for a business that nets $80,000 a year is not ambition \u2014 it\u2019s evidence. Buy what your business truly needs, not what you personally want to justify.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Step_4_Prepare_for_the_%E2%80%9CWould_You_Testify_to_This%E2%80%9D_test\"><\/span>Step 4: Prepare for the \u201cWould You Testify to This?\u201d test.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Before you claim the tax deduction, or try sliding it over to your CPA alongside your charitable donations list, ask yourself: Would I defend this on the witness stand, under oath, in front of a Tax Court judge? If the answer is \u201cprobably not,\u201d then don\u2019t put it on your tax return. The best tax strategies don&#8217;t need a lot of explanation- the more words you use to defend something, the less likely you are to win.<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-68f3b09391c25\" class=\" wd-rs-68f3b09391c25 wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none border-btm-title img-right \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h2 class=\"info-box-title title wd-font-weight-800 box-title-style-default font-primary wd-fontsize-m\"><span class=\"ez-toc-section\" id=\"Closing_Thoughts_On_Mixing_Business_With_Pleasure\"><\/span>Closing Thoughts On Mixing Business With Pleasure<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p>If your \u201cmarketing plan\u201d happens to double as your weekend hobby, the IRS will eventually remind you that personal enjoyment is not a deduction \u2014 it\u2019s just personal enjoyment.\u00a0So go to the car show, talk to clients, hand out cards, and post your pictures on Instagram. Just don\u2019t try to make the IRS part of your pit crew.<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<style data-type=\"vc_shortcodes-custom-css\">#wd-6890b4324532b .info-box-title{line-height:40px;font-size:30px;color:#473d3c;}#wd-6890b4324532b .info-box-inner{line-height:26px;font-size:16px;color:#473d3c;}#wd-6859447a670f5 .info-box-title{line-height:40px;font-size:30px;color:#473d3c;}#wd-6859447a670f5 .info-box-inner{line-height:26px;font-size:16px;color:#473d3c;}#wd-6915e1cb09307 .info-box-title{line-height:40px;font-size:30px;color:#473d3c;}#wd-6915e1cb09307 .info-box-inner{line-height:26px;font-size:16px;color:#473d3c;}@media (max-width: 1199px) {#wd-6890b4324532b .info-box-title{line-height:34px;font-size:24px;}#wd-6890b4324532b .info-box-inner{line-height:24px;font-size:14px;}#wd-6859447a670f5 .info-box-title{line-height:34px;font-size:24px;}#wd-6859447a670f5 .info-box-inner{line-height:24px;font-size:14px;}#wd-6915e1cb09307 .info-box-title{line-height:34px;font-size:24px;}#wd-6915e1cb09307 .info-box-inner{line-height:24px;font-size:14px;}}@media (max-width: 767px) {#wd-6890b4324532b .info-box-title{line-height:28px;font-size:18px;}#wd-6890b4324532b .info-box-inner{line-height:24px;font-size:14px;}#wd-6859447a670f5 .info-box-title{line-height:28px;font-size:18px;}#wd-6859447a670f5 .info-box-inner{line-height:24px;font-size:14px;}#wd-6915e1cb09307 .info-box-title{line-height:28px;font-size:18px;}#wd-6915e1cb09307 .info-box-inner{line-height:24px;font-size:14px;}}<\/style><div class=\"wpb-content-wrapper\">[vc_row el_class=\"career--pack\" woodmart_css_id=\"68128d31b2822\" responsive_spacing=\"eyJwYXJhbV90eXBlIjoid29vZG1hcnRfcmVzcG9uc2l2ZV9zcGFjaW5nIiwic2VsZWN0b3JfaWQiOiI2ODEyOGQzMWIyODIyIiwic2hvcnRjb2RlIjoidmNfcm93IiwiZGF0YSI6eyJ0YWJsZXQiOnt9LCJtb2JpbGUiOnt9fX0=\" mobile_bg_img_hidden=\"no\" tablet_bg_img_hidden=\"no\" woodmart_parallax=\"0\" woodmart_gradient_switch=\"no\" woodmart_box_shadow=\"no\" wd_z_index=\"no\" woodmart_disable_overflow=\"0\" row_reverse_mobile=\"0\" row_reverse_tablet=\"0\"][vc_column]\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-6890b4324532b\" class=\" wd-rs-6890b4324532b wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none border-btm-title img-right \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h2 class=\"info-box-title title wd-font-weight-800 box-title-style-default font-primary wd-fontsize-m\"><span class=\"ez-toc-section\" id=\"Taxpayers_Comprehensive_Guide_to_LLCs_and_S_Corps\"><\/span>Taxpayer&#8217;s Comprehensive Guide to LLCs and S Corps<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p><strong><img decoding=\"async\" class=\"alignnone size-full wp-image-41845\" src=\"https:\/\/wcginc.com\/wp-content\/uploads\/LLC-and-S-Corp-Web-and-Social-GFX-2025_350-250x300-3.webp\" alt=\"S Corp Book\" width=\"250\" height=\"300\" \/>WCG CPAs &amp; Advisors<\/strong>\u00a0and Jason Watson, CPA, have released the\u00a0<strong>2025 Edition<\/strong>\u00a0of Taxpayer\u2019s Comprehensive Guide to LLCs and S Corps. Over 400 pages of pure pleasure! This edition has updated 2025 data such as IRA and 401k limits including Social Security wage limits, but it also has a bunch of new information spread out various chapters such as customized multi-entity structures, expanded reasonable shareholder salary sections, more tax reduction mechanics among various little tidbits gleaned from hundreds of small business consultations. Riveting!<\/p>\n<p>It is available in paperback for $49.95 from\u00a0<a class=\"broken_link\" href=\"https:\/\/wcginc.com\/amazon\" target=\"_blank\" rel=\"noopener\">Amazon<\/a>\u00a0and as an eBook for\u00a0<a class=\"broken_link\" href=\"https:\/\/wcginc.com\/kindle\" target=\"_blank\" rel=\"noopener\">Kindle<\/a>\u00a0for $39.95. Our book is also available for purchase as a PDF from\u00a0<a href=\"https:\/\/wcginc.com\/pdf\" target=\"_blank\" rel=\"noopener\">ClickBank<\/a>\u00a0for $29.95. Why do we all love 95 cents? We all know that 39.95 is really 40 bucks. At least we are not like gas stations\u2026 $39.949. Silly! Yet we digress. Apple iBook, Barnes and Noble Nook, among others are not utilized since their format is challenging to make mini updates here and there.<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-6859447a670f5\" class=\" wd-rs-6859447a670f5 wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none border-btm-title img-right \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h2 class=\"info-box-title title wd-font-weight-800 box-title-style-default font-primary wd-fontsize-m\"><span class=\"ez-toc-section\" id=\"Avoid_Self-Employment_Taxes\"><\/span>Avoid Self-Employment Taxes<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p>How can I avoid self-employment taxes? This simple question was the inspiration for creating an article describing the benefits of an S Corporation. That original article, which was about four pages long, quickly became a series of Knowledge Base articles on the WCG website. The articles touched on basic topics such as how to elect S Corp status, shareholder payroll, reasonable salary determination and liability protection. Those broad topics demanded much more information, both horizontally by spanning into more related issues, and vertically by digging deeper into the granular yet riveting levels of the tax code. Beyond general S Corp benefits, our book will show you-<\/p>\n<ul>\n<li>Entity Structures and <a href=\"https:\/\/wcginc.com\/business-formation-services\/multi-entity-business-structures\/\" target=\"_blank\" rel=\"noopener\">Custom Multi-Entity Arrangements<\/a> for Tax Efficiency<\/li>\n<li>Deal Structures, <a href=\"https:\/\/wcginc.com\/kb\/operating-agreements\/\" target=\"_blank\" rel=\"noopener\">Operating Agreements<\/a><\/li>\n<li>The Fallacy of Nevada Corps<\/li>\n<li>State Taxes, Nexus, FBA Problems, and Liability<\/li>\n<li>S Corp Benefits, Tax Savings<\/li>\n<li><a href=\"https:\/\/wcginc.com\/kb\/avoiding-or-reducing-self-employment-se-taxes\/\" target=\"_blank\" rel=\"noopener\">Avoiding Self-Employment Taxes<\/a><\/li>\n<li><a href=\"https:\/\/wcginc.com\/kb\/chapter-4-introduction\/\" target=\"_blank\" rel=\"noopener\">The 185 Reasons an S Corp or LLC Might Stink<\/a><\/li>\n<li>Forming and Operating an S Corp<\/li>\n<li><a href=\"https:\/\/wcginc.com\/kb\/electing-s-corp-filing-status-retroactive-for-2025\/\" target=\"_blank\" rel=\"noopener\">Late S Corp Election Back to January<\/a><\/li>\n<li>Determining <a href=\"https:\/\/wcginc.com\/kb\/reasonable-s-corp-salary-theory\/\" target=\"_blank\" rel=\"noopener\">Reasonable S Corp Shareholder Salary<\/a><\/li>\n<li>Section 199A Business Tax Deduction<\/li>\n<li><a href=\"https:\/\/wcginc.com\/kb\/chapter-11-introduction\/\" target=\"_blank\" rel=\"noopener\">Business Tax Deductions<\/a>, Fringe Benefits, <a href=\"https:\/\/wcginc.com\/kb\/putting-your-kids-on-the-payroll\/\">Putting Kids on Payroll<\/a> and Cars<\/li>\n<li><a href=\"https:\/\/wcginc.com\/kb\/accountable-plan-requirements\/\" target=\"_blank\" rel=\"noopener\">Accountable Plan Reimbursements<\/a>, Handling <a href=\"https:\/\/wcginc.com\/kb\/taking-shareholder-distributions\/\" target=\"_blank\" rel=\"noopener\">Shareholder Distributions<\/a><\/li>\n<li>Properly Paying for Health Insurance<\/li>\n<li><a href=\"https:\/\/wcginc.com\/kb\/retirement-planning-within-your-small-business\/\" target=\"_blank\" rel=\"noopener\">Small Business Retirement Planning<\/a> with Your Small Business<\/li>\n<\/ul>\n<p>This book is written with the general taxpayer in mind. Too many resources simply regurgitate complex tax code without explanation. While in some cases tax code and court opinions are duplicated verbatim because of precision of the words, this book strives to explain many technical concepts in layperson terms with some added humor and opinions. We believe you will find this book educational as well as amusing.<\/p>\n<p>Each week we receive several phone calls and emails from small business owners and other CPAs across the country who have read our\u00a0<strong>Taxpayer\u2019s Comprehensive Guide to LLCs and S Corps<\/strong>\u00a0and praised the wealth of information. Regardless of your current situation, whether you are considering starting your own business or entertaining a contracting gig, or you are an experienced business owner, the contents of this book are for you.<\/p>\n<p><em>While this book\u2019s origins were based on reducing self-employment taxes through an S Corporation election, it has dramatically expanded to sound business advice from entity structures to operational considerations to business tax deductions and retirement planning.<\/em><\/p>\n<p>Enjoy! And please send us all comments, hang-ups and static. This book is as much yours as it is ours, except the tiny royalty part- that\u2019s ours. Stop by and we\u2019ll buy you a beer with the pennies.<\/p>\n<p>While we have you, please check out our rental property book aimed at real estate investors, <a href=\"https:\/\/wcginc.com\/business-services\/book\/\" target=\"_blank\" rel=\"noopener\">I Just Got A Rental, What Do I Do?<\/a><\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-6915e1cb09307\" class=\" wd-rs-6915e1cb09307 wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none border-btm-title img-right \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h2 class=\"info-box-title title wd-font-weight-800 box-title-style-default font-primary wd-fontsize-m\"><span class=\"ez-toc-section\" id=\"How_To_Purchase_Our_S_Corp_Book\"><\/span>How To Purchase Our S Corp Book<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p>If you buy our 430-page book and think that we didn\u2019t help you understand small business tax law or the benefits of S corporations, let us know. We never want you to feel like you wasted your money. If you are ready to add some insightful reading into your day, click on one of the preferred formats. Amazon is processed by Amazon, and the PDF is safely processed by ClickBank who will email you the PDF as an attachment.<\/p>\n<table class=\"purchase-table\">\n<tbody>\n<tr>\n<td style=\"text-align: center;\"><a href=\"\/amazon\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"alignnone size-full wp-image-6657 aligncenter\" style=\"float: none;\" src=\"https:\/\/wcginc.com\/wp-content\/uploads\/amazon-imageresized.png.webp\" alt=\"S Corp Book Amazon\" width=\"50\" height=\"50\" \/><\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"\/kindle\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"alignnone size-full wp-image-6658\" style=\"float: none;\" src=\"https:\/\/wcginc.com\/wp-content\/uploads\/kindle-imageresized.png.webp\" alt=\"S Corp Book Kindle\" width=\"50\" height=\"50\" \/><\/a><\/td>\n<td style=\"text-align: center;\"><a href=\"\/pdf target=\" rel=\"noopener\"><img decoding=\"async\" class=\"alignnone size-full wp-image-6659 aligncenter\" style=\"float: none;\" src=\"https:\/\/wcginc.com\/wp-content\/uploads\/PDFresized.png.webp\" alt=\"S Corp Book PDF\" width=\"50\" height=\"50\" \/><\/a><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\"><strong>$49.95<\/strong><\/td>\n<td style=\"text-align: center;\"><strong>$39.95<\/strong><\/td>\n<td style=\"text-align: center;\"><strong>$29.95<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t[\/vc_column][\/vc_row]<\/div>[\/vc_column][\/vc_row][vc_row disable_element=&#8221;yes&#8221; woodmart_css_id=&#8221;68e45c5ed6ef8&#8243; responsive_spacing=&#8221;eyJwYXJhbV90eXBlIjoid29vZG1hcnRfcmVzcG9uc2l2ZV9zcGFjaW5nIiwic2VsZWN0b3JfaWQiOiI2OGU0NWM1ZWQ2ZWY4Iiwic2hvcnRjb2RlIjoidmNfcm93IiwiZGF0YSI6eyJ0YWJsZXQiOnt9LCJtb2JpbGUiOnt9fX0=&#8221; mobile_bg_img_hidden=&#8221;no&#8221; tablet_bg_img_hidden=&#8221;no&#8221; woodmart_parallax=&#8221;0&#8243; woodmart_gradient_switch=&#8221;no&#8221; woodmart_box_shadow=&#8221;no&#8221; wd_z_index=&#8221;no&#8221; woodmart_disable_overflow=&#8221;0&#8243; row_reverse_mobile=&#8221;0&#8243; row_reverse_tablet=&#8221;0&#8243;][vc_column]\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-672e8399ded8d\" class=\" wd-rs-672e8399ded8d wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none border-btm-title \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h2 class=\"info-box-title title box-title-style-default wd-fontsize-m\"><span class=\"ez-toc-section\" id=\"Professional_Consultation\"><\/span>Professional Consultation<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p>Did you want to chat about this? Do you have any questions for us? Let\u2019s chat!<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<style data-type=\"vc_shortcodes-custom-css\">#wd-684609282866c .info-box-title{line-height:60px;font-size:50px;color:#473d3c;}#wd-684609282866c .info-box-inner{line-height:26px;font-size:16px;color:#473d3c;}#wd-687b9294de7c0 .info-box-title{line-height:26px;font-size:16px;color:#473d3c;}#wd-687b9294de7c0 .info-box-inner{line-height:22px;font-size:12px;color:#473d3c;}#wd-687b929c2dddd .info-box-title{line-height:26px;font-size:16px;color:#473d3c;}#wd-687b929c2dddd .info-box-inner{line-height:22px;font-size:12px;color:#473d3c;}#wd-687b92a1934d0 .info-box-title{line-height:26px;font-size:16px;color:#473d3c;}#wd-687b92a1934d0 .info-box-inner{line-height:22px;font-size:12px;color:#473d3c;}@media (max-width: 1199px) {#wd-684609282866c .info-box-title{line-height:50px;font-size:40px;}#wd-687b9294de7c0 .info-box-title{line-height:25px;font-size:15px;}#wd-687b929c2dddd .info-box-title{line-height:25px;font-size:15px;}#wd-687b92a1934d0 .info-box-title{line-height:25px;font-size:15px;}}@media (max-width: 767px) {#wd-684609282866c .info-box-title{line-height:40px;font-size:30px;}#wd-687b9294de7c0 .info-box-title{line-height:24px;font-size:14px;}#wd-687b929c2dddd .info-box-title{line-height:24px;font-size:14px;}#wd-687b92a1934d0 .info-box-title{line-height:24px;font-size:14px;}}<\/style><div class=\"wpb-content-wrapper\">[vc_row equal_height=\"yes\" content_placement=\"top\" el_id=\"consultation-secc\" woodmart_css_id=\"671f364f226cc\" responsive_spacing=\"eyJwYXJhbV90eXBlIjoid29vZG1hcnRfcmVzcG9uc2l2ZV9zcGFjaW5nIiwic2VsZWN0b3JfaWQiOiI2NzFmMzY0ZjIyNmNjIiwic2hvcnRjb2RlIjoidmNfcm93IiwiZGF0YSI6eyJ0YWJsZXQiOnt9LCJtb2JpbGUiOnt9fX0=\" mobile_bg_img_hidden=\"no\" tablet_bg_img_hidden=\"no\" woodmart_parallax=\"0\" woodmart_gradient_switch=\"no\" woodmart_box_shadow=\"no\" wd_z_index=\"no\" woodmart_disable_overflow=\"0\" row_reverse_mobile=\"0\" row_reverse_tablet=\"0\"][vc_column width=\"1\/2\"]\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-684609282866c\" class=\" wd-rs-684609282866c wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none defaultBot border-btm-title \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p>The tax advisors, business consultants and rental property experts at <strong>WCG CPAs &amp; Advisors<\/strong> are not salespeople; we are not putting lipstick on a pig expecting you to love it. Our job remains being professionally detached, giving you information and letting you decide within our ethical guidelines and your risk profiles.<\/p>\n<p>We see far too many crazy schemes and half-baked ideas from attorneys and wealth managers. In some cases, they are good ideas. In most cases, all the entities, layering and mixed ownership is only the illusion of precision. As Chris Rock says, just because you can drive your car with your feet doesn\u2019t make it a good idea. In other words, let\u2019s not automatically convert \u201cyou can\u201d into \u201cyou must.\u201d<\/p>\n<p><strong>Let\u2019s chat so you can be smart about it.<\/strong><\/p>\n<p>We typically schedule a 20-minute complimentary quick chat with one of our Partners or our amazing Senior Tax Professionals to determine if we are a good fit for each other, and how an engagement with our team looks. Tax returns only? Business advisory? Tax strategy and planning? Rental property support?<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t[vc_row_inner equal_height=\"yes\" el_class=\"boxes--pack\" woodmart_css_id=\"673b5f334f247\" responsive_spacing=\"eyJwYXJhbV90eXBlIjoid29vZG1hcnRfcmVzcG9uc2l2ZV9zcGFjaW5nIiwic2VsZWN0b3JfaWQiOiI2NzNiNWYzMzRmMjQ3Iiwic2hvcnRjb2RlIjoidmNfcm93X2lubmVyIiwiZGF0YSI6eyJ0YWJsZXQiOnt9LCJtb2JpbGUiOnt9fX0=\" mobile_bg_img_hidden=\"no\" tablet_bg_img_hidden=\"no\" woodmart_parallax=\"0\" woodmart_gradient_switch=\"no\" woodmart_box_shadow=\"no\" wd_z_index=\"no\" woodmart_disable_overflow=\"0\" row_reverse_mobile=\"0\" row_reverse_tablet=\"0\"][vc_column_inner width=\"1\/3\"]\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-687b9294de7c0\" class=\" wd-rs-687b9294de7c0 wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none business-boxes \">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"box-icon-wrapper  box-with-icon box-icon-simple\">\n\t\t\t\t\t\t\t<div class=\"info-box-icon\">\n\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"622\" height=\"622\" src=\"https:\/\/wcginc.com\/wp-content\/uploads\/Text-WCG-Offices-1.jpg\" class=\"attachment-full size-full\" alt=\"Text WCG Offices\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h4 class=\"info-box-title title wd-font-weight-600 box-title-style-default font-primary wd-fontsize-m\">Text WCG Offices<\/h4>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p>Need to get in touch through a quick text? We'll respond within a day.<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<a class=\"wd-info-box-link wd-fill\" aria-label=\"Infobox link\" href=\"sms:+17193452100?&amp;body=Hey%20WCG!%20Please%20call%20me%20to%20discuss%20your%20CPA%20services\" title=\"\"><\/a>\n\t\t\t\t\t\n\t\t\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t[\/vc_column_inner][vc_column_inner width=\"1\/3\"]\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-687b929c2dddd\" class=\" wd-rs-687b929c2dddd wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none business-boxes \">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"box-icon-wrapper  box-with-icon box-icon-simple\">\n\t\t\t\t\t\t\t<div class=\"info-box-icon\">\n\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"622\" height=\"622\" src=\"https:\/\/wcginc.com\/wp-content\/uploads\/Chat-Our-Amazing-Team-1.jpg\" class=\"attachment-full size-full\" alt=\"Chat our amazing team\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h4 class=\"info-box-title title wd-font-weight-600 box-title-style-default font-primary wd-fontsize-m\">Call Our Team<\/h4>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p>Need to speak to a tax professional now? Give us a call <strong>719-387-9800<\/strong> and we'll get you connected.<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<a class=\"wd-info-box-link wd-fill\" aria-label=\"Infobox link\" href=\"tel:719-387-9800\" title=\"\"><\/a>\n\t\t\t\t\t\n\t\t\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t[\/vc_column_inner][vc_column_inner width=\"1\/3\"]\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-687b92a1934d0\" class=\" wd-rs-687b92a1934d0 wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none business-boxes nav-button-chat \">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"box-icon-wrapper  box-with-icon box-icon-simple\">\n\t\t\t\t\t\t\t<div class=\"info-box-icon\">\n\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"622\" height=\"622\" src=\"https:\/\/wcginc.com\/wp-content\/uploads\/Chat-With-a-Tax-Pro-2.jpg\" class=\"attachment-full size-full\" alt=\"Chat with a tax pro\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h4 class=\"info-box-title title wd-font-weight-600 box-title-style-default font-primary wd-fontsize-m\">Chat With a Tax Pro<\/h4>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p>Taxes can be tricky. Chat with a WCG human now and get questions answered.<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t[\/vc_column_inner][\/vc_row_inner][\/vc_column][vc_column width=\"1\/2\" el_class=\"cs-form\" woodmart_css_id=\"67274730041cb\" parallax_scroll=\"no\" woodmart_sticky_column=\"false\" wd_collapsible_content_switcher=\"no\" wd_column_role_offcanvas_desktop=\"no\" wd_column_role_offcanvas_tablet=\"no\" wd_column_role_offcanvas_mobile=\"no\" wd_column_role_content_desktop=\"no\" wd_column_role_content_tablet=\"no\" wd_column_role_content_mobile=\"no\" mobile_bg_img_hidden=\"no\" tablet_bg_img_hidden=\"no\" woodmart_parallax=\"0\" woodmart_box_shadow=\"no\" responsive_spacing=\"eyJwYXJhbV90eXBlIjoid29vZG1hcnRfcmVzcG9uc2l2ZV9zcGFjaW5nIiwic2VsZWN0b3JfaWQiOiI2NzI3NDczMDA0MWNiIiwic2hvcnRjb2RlIjoidmNfY29sdW1uIiwiZGF0YSI6eyJ0YWJsZXQiOnt9LCJtb2JpbGUiOnt9fX0=\" mobile_reset_margin=\"no\" tablet_reset_margin=\"no\" wd_z_index=\"no\"][vc_row_inner el_id=\"consultation-inner\" woodmart_css_id=\"66fd6caf92fc0\" responsive_spacing=\"eyJwYXJhbV90eXBlIjoid29vZG1hcnRfcmVzcG9uc2l2ZV9zcGFjaW5nIiwic2VsZWN0b3JfaWQiOiI2NmZkNmNhZjkyZmMwIiwic2hvcnRjb2RlIjoidmNfcm93X2lubmVyIiwiZGF0YSI6eyJ0YWJsZXQiOnt9LCJtb2JpbGUiOnt9fX0=\" mobile_bg_img_hidden=\"no\" tablet_bg_img_hidden=\"no\" woodmart_parallax=\"0\" woodmart_gradient_switch=\"no\" woodmart_box_shadow=\"no\" wd_z_index=\"no\" woodmart_disable_overflow=\"0\" row_reverse_mobile=\"0\" row_reverse_tablet=\"0\"][vc_column_inner][vc_raw_js]JTNDc2NyaXB0JTIwdHlwZSUzRCUyMnRleHQlMkZqYXZhc2NyaXB0JTIyJTIwc3JjJTNEJTIyaHR0cHMlM0ElMkYlMkZ3Y2dpbmMuam90Zm9ybS5jb20lMkZqc2Zvcm0lMkYyNTE2MzU5Mjg1OTc5NzglMjIlM0UlM0MlMkZzY3JpcHQlM0U=[\/vc_raw_js][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row]<\/div>[\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][\/vc_column][\/vc_row][vc_row disable_element=&#8221;yes&#8221; woodmart_css_id=&#8221;68e45c5ed6ef8&#8243; responsive_spacing=&#8221;eyJwYXJhbV90eXBlIjoid29vZG1hcnRfcmVzcG9uc2l2ZV9zcGFjaW5nIiwic2VsZWN0b3JfaWQiOiI2OGU0NWM1ZWQ2ZWY4Iiwic2hvcnRjb2RlIjoidmNfcm93IiwiZGF0YSI6eyJ0YWJsZXQiOnt9LCJtb2JpbGUiOnt9fX0=&#8221; mobile_bg_img_hidden=&#8221;no&#8221; tablet_bg_img_hidden=&#8221;no&#8221; woodmart_parallax=&#8221;0&#8243; woodmart_gradient_switch=&#8221;no&#8221; woodmart_box_shadow=&#8221;no&#8221; wd_z_index=&#8221;no&#8221; woodmart_disable_overflow=&#8221;0&#8243; row_reverse_mobile=&#8221;0&#8243; row_reverse_tablet=&#8221;0&#8243;][vc_column][\/vc_column][\/vc_row]<\/p>\n","protected":false},"author":6,"featured_media":26043,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[17],"tags":[18,233,20,232,46],"class_list":["post-68160","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-tax-planning","tag-general-business","tag-rental-property","tag-tax-updates","tag-tax-deductions"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Luxury Car Marketing Tax Deduction - Documentation Is Key To Deduction<\/title>\n<meta name=\"description\" content=\"You can deduct your luxury car as a marketing deduction, but you&#039;d better have excellent documentation of the business need and revenue generation.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wcginc.com\/blog\/luxury-cars-car-shows-and-the-myth-of-the-marketing-deduction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Luxury Car Marketing Tax Deduction - Documentation Is Key To Deduction\" \/>\n<meta property=\"og:description\" content=\"You can deduct your luxury car as a marketing deduction, but you&#039;d better have excellent documentation of the business need and revenue generation.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wcginc.com\/blog\/luxury-cars-car-shows-and-the-myth-of-the-marketing-deduction\/\" \/>\n<meta property=\"og:site_name\" content=\"WCG CPAs &amp; Advisors\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-18T15:55:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-01-26T16:47:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wcginc.com\/wp-content\/uploads\/CRNA-Tax-Deductions2.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"300\" \/>\n\t<meta property=\"og:image:height\" content=\"200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Jason Watson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Luxury Car Marketing Tax Deduction - Documentation Is Key To Deduction\" \/>\n<meta name=\"twitter:description\" content=\"You can deduct your luxury car as a marketing deduction, but you&#039;d better have excellent documentation of the business need and revenue generation.\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jason Watson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"14 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Luxury Car Marketing Tax Deduction - Documentation Is Key To Deduction","description":"You can deduct your luxury car as a marketing deduction, but you'd better have excellent documentation of the business need and revenue generation.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wcginc.com\/blog\/luxury-cars-car-shows-and-the-myth-of-the-marketing-deduction\/","og_locale":"en_US","og_type":"article","og_title":"Luxury Car Marketing Tax Deduction - Documentation Is Key To Deduction","og_description":"You can deduct your luxury car as a marketing deduction, but you'd better have excellent documentation of the business need and revenue generation.","og_url":"https:\/\/wcginc.com\/blog\/luxury-cars-car-shows-and-the-myth-of-the-marketing-deduction\/","og_site_name":"WCG CPAs &amp; Advisors","article_published_time":"2025-10-18T15:55:11+00:00","article_modified_time":"2026-01-26T16:47:03+00:00","og_image":[{"width":300,"height":200,"url":"https:\/\/wcginc.com\/wp-content\/uploads\/CRNA-Tax-Deductions2.webp","type":"image\/webp"}],"author":"Jason Watson","twitter_card":"summary_large_image","twitter_title":"Luxury Car Marketing Tax Deduction - Documentation Is Key To Deduction","twitter_description":"You can deduct your luxury car as a marketing deduction, but you'd better have excellent documentation of the business need and revenue generation.","twitter_misc":{"Written by":"Jason Watson","Est. reading time":"14 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/wcginc.com\/blog\/luxury-cars-car-shows-and-the-myth-of-the-marketing-deduction\/#article","isPartOf":{"@id":"https:\/\/wcginc.com\/blog\/luxury-cars-car-shows-and-the-myth-of-the-marketing-deduction\/"},"author":{"name":"Jason Watson","@id":"https:\/\/wcginc.com\/#\/schema\/person\/0225b77adcec813c7746e7806e0482f9"},"headline":"Luxury Cars, Car Shows, and the Myth of the \u201cMarketing Deduction\u201d","datePublished":"2025-10-18T15:55:11+00:00","dateModified":"2026-01-26T16:47:03+00:00","mainEntityOfPage":{"@id":"https:\/\/wcginc.com\/blog\/luxury-cars-car-shows-and-the-myth-of-the-marketing-deduction\/"},"wordCount":3788,"publisher":{"@id":"https:\/\/wcginc.com\/#organization"},"image":{"@id":"https:\/\/wcginc.com\/blog\/luxury-cars-car-shows-and-the-myth-of-the-marketing-deduction\/#primaryimage"},"thumbnailUrl":"https:\/\/wcginc.com\/wp-content\/uploads\/CRNA-Tax-Deductions2.webp","keywords":["Tax Planning","General Business","Rental Property","Tax Updates","Tax Deductions"],"articleSection":["Blog"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/wcginc.com\/blog\/luxury-cars-car-shows-and-the-myth-of-the-marketing-deduction\/","url":"https:\/\/wcginc.com\/blog\/luxury-cars-car-shows-and-the-myth-of-the-marketing-deduction\/","name":"Luxury Car Marketing Tax Deduction - Documentation Is Key To Deduction","isPartOf":{"@id":"https:\/\/wcginc.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wcginc.com\/blog\/luxury-cars-car-shows-and-the-myth-of-the-marketing-deduction\/#primaryimage"},"image":{"@id":"https:\/\/wcginc.com\/blog\/luxury-cars-car-shows-and-the-myth-of-the-marketing-deduction\/#primaryimage"},"thumbnailUrl":"https:\/\/wcginc.com\/wp-content\/uploads\/CRNA-Tax-Deductions2.webp","datePublished":"2025-10-18T15:55:11+00:00","dateModified":"2026-01-26T16:47:03+00:00","description":"You can deduct your luxury car as a marketing deduction, but you'd better have excellent documentation of the business need and revenue generation.","breadcrumb":{"@id":"https:\/\/wcginc.com\/blog\/luxury-cars-car-shows-and-the-myth-of-the-marketing-deduction\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wcginc.com\/blog\/luxury-cars-car-shows-and-the-myth-of-the-marketing-deduction\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wcginc.com\/blog\/luxury-cars-car-shows-and-the-myth-of-the-marketing-deduction\/#primaryimage","url":"https:\/\/wcginc.com\/wp-content\/uploads\/CRNA-Tax-Deductions2.webp","contentUrl":"https:\/\/wcginc.com\/wp-content\/uploads\/CRNA-Tax-Deductions2.webp","width":300,"height":200,"caption":"car loan interest"},{"@type":"BreadcrumbList","@id":"https:\/\/wcginc.com\/blog\/luxury-cars-car-shows-and-the-myth-of-the-marketing-deduction\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wcginc.com\/"},{"@type":"ListItem","position":2,"name":"Luxury Cars, Car Shows, and the Myth of the \u201cMarketing Deduction\u201d"}]},{"@type":"WebSite","@id":"https:\/\/wcginc.com\/#website","url":"https:\/\/wcginc.com\/","name":"wcginc.com","description":"","publisher":{"@id":"https:\/\/wcginc.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wcginc.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wcginc.com\/#organization","name":"wcginc.com","alternateName":"WCG CPAs & Advisors","url":"https:\/\/wcginc.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wcginc.com\/#\/schema\/logo\/image\/","url":"https:\/\/wcginc.com\/wp-content\/uploads\/wcg-logo.png","contentUrl":"https:\/\/wcginc.com\/wp-content\/uploads\/wcg-logo.png","width":521,"height":137,"caption":"wcginc.com"},"image":{"@id":"https:\/\/wcginc.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/wcginc.com\/#\/schema\/person\/0225b77adcec813c7746e7806e0482f9","name":"Jason Watson","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/bbdcd194ef70d6f0f47f42fabed228d98b5486d05531f4b3bf6147ac67dda9df?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/bbdcd194ef70d6f0f47f42fabed228d98b5486d05531f4b3bf6147ac67dda9df?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bbdcd194ef70d6f0f47f42fabed228d98b5486d05531f4b3bf6147ac67dda9df?s=96&d=mm&r=g","caption":"Jason Watson"},"description":"Jason Watson is a Senior Partner for WCG CPAs &amp; Advisors, a boutique yet progressive tax, accounting and consultation CPA firm located in Colorado Springs, Colorado. He has been an owner of three small businesses, and holds both a Bachelor\u2019s and Master\u2019s in Business Administration from the University of Wisconsin \u2013 Madison.","url":"https:\/\/wcginc.com\/author\/jason\/"}]}},"_links":{"self":[{"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/posts\/68160","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/comments?post=68160"}],"version-history":[{"count":3,"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/posts\/68160\/revisions"}],"predecessor-version":[{"id":87016,"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/posts\/68160\/revisions\/87016"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/media\/26043"}],"wp:attachment":[{"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/media?parent=68160"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/categories?post=68160"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/tags?post=68160"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}