JOIN NASE
Need Benefits For Your Business?
Already a Member?
Learn More About The Self-Employed.
MEMBER LOGIN Close
Username: Forgot Username?
Password:  Forgot Password?
Already a member?
Need a New Login
Not a member?
Join Today!
Close

SEARCH SITE

NASE NASE

BUSINESS LEARNING CENTER


WATCH VIDEOS:
TaxTalk with NASE's National Tax Advisor Keith Hall

 

Interested in interviewing an NASE tax expert?

Are you a reporter interested in interviewing an NASE tax expert?
E-mail media@NASE.org or call 800-743-8950

 

Thanks for your interest in NASE, but this page is reserved for members. Please log in above if you are a member or click here to join!

Already an NASE member but don’t have your web account setup? Click here to register.

Taxes

 

Disclaimer: The information provided on this website, including the statements and responses of the consultants, is of a general nature and is not intended as a substitute for consulting a professional. The best advice is to consult a professional in your area to make sure that your specific facts and circumstances are adequately reviewed. No attorney-client, accountant-client, or consultant-client relationship is intended or established. Your review or participation on this site is an acknowledgment of and agreement with the terms of this disclaimer.


Here is a preview of the article you requested. Please login to view the entire article.


Deducting the Cost of a Bicycle Used for Business

Q: I would like to purchase a bicycle for my business that I would use instead of my car to get to my client sites at home and when I travel. I would also use the bike to attend promotional bike centric networking events put on by groups promoting small businesses in the area. Is this a legal expense, since I will be using the bicycle as a means of promoting my company?

A: If the bike is indeed purchased primary for business, then it indeed would be a deductible business expense. The personal usage of the bike, as it


National Association for the Self Employed