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If a taxable highway motor vehicle is registered (or required to be registered) in your business name at period of its first use and the vehicle has a taxable gross weight of 55,000 pounds or additional. This goes for individuals, limited liability companies, corporations, partnerships, or even organizations. Many people ask me about Limited Liability Corporations and Limited Liability Partners. These are both fairly new entities, and as such, would not have (as of yet) their own share of rules and laws from your IRS. I know don't recommen
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