S-corp reimburses your personal car at IRS rate — tax-free to you, deductible to corp.
Instead of transferring the vehicle to the S-corp (creating personal-use inclusion + insurance headaches), owner keeps title personally and submits monthly mileage logs. Corp reimburses at the IRS standard rate (67¢/mi in 2024) under an accountable plan (Treas Reg §1.62-2). Reimbursement is tax-free to owner, fully deductible to corp — no W-2 gross-up. On 15,000 business miles: $10,050/yr in tax-free reimbursement.
Click Generate advisory deep dive for mechanics, IRC citations, a step-by-step execution plan, a worked numeric example on your profile, costs, risks, and this-week actions.
6,000+ lb SUV/truck — deduct nearly the full price year 1.
Dedicated fuel cards with 25¢/gal rebates, 30-day float, and no personal guarantee.
Stack app rebates + fuel card + rewards card for 40–60¢/gal off.
Owner-operators get 20–60¢/gal off diesel via fleet fuel networks — no fee.
Write off up to 100% of a business vehicle over 6,000 lb GVWR in Year 1.
Lease deducts 100% of payments; buy deducts depreciation — pick by term and use.
Lease any EV and get the full $7,500 credit — no income cap, no assembly rules.
30% of purchase price up to $4,000 on qualifying used EVs from a licensed dealer.