In this week’s Ask the Tax Expert, a mystery shopper has questions about deducting mileage when you stop at home. In particular, she’s curious about which drives related to your home can you write off. We also cover which drives are considered your commute.
Most people who drive for business calculate their deduction using the standard mileage rate. This is definitely valuable and you should take it. But, don’t forget about these three often-overlooked business vehicle deductions for your business car.
If you’re an employee who uses your personal car for business reasons, you may be eligible for a mileage reimbursement. Sometimes, it’s not clear how to calculate mileage reimbursement. This article will dive into what’s required for a mileage reimbursement, as well as how to calculate what you deserve