Scrolling Instagram and seeing someone claim “Buy a car before year-end to save on taxes” can be tempting—especially if your business had a strong year. But this advice is one of the most misunderstood and misused tax strategies out there. As a fractional CFO, I see business owners hurt by this shortcut far more often than helped by it. Here’s what you need to know before making a costly mistake. 🚩Red Flag #1 : They Don’t Ask If the Car Is Actually Needed Buying an asset