In this installment of Ask the Tax Expert, we cover how sales people can deduct mileage on taxes. See which trips are covered and how to write off your drives for sales.
Category: MileIQ for Teams
If your business has employees who use personal vehicles for work reasons, you may consider a car allowance policy. Let’s go over what this means and how you can decide if it’s the right move for your organization.
Your business often isn’t confined to a single location. That’s why you may need your employees to be mobile. Providing a company vehicle is a common solution to this. Let’s go over the pros and cons of providing a company car.
If you use your personal car for your own business, you can take a mileage deduction to save on your taxes. But what if you drive your own car for your W2 job? Your employer can reimburse you and that often comes through a car allowance or a mileage reimbursement.
Let’s go over the differences between a car allowance and a mileage reimbursement.