If you use your personal car or other vehicles for business purposes, you can take a mileage deduction of 53.5 cents for every mile you drive for work in 2017. Here is everything you need to know in order to get the most out of your business mileage write off.
In this week’s Ask the Tax Expert, a budding beekeeper asks questions about which drives are deductible. While your business may not be as buzzing, read on for some applicable tips for small business owners.
Ordinarily, your federal (and most state) income tax returns are due by April 15. If you’ve been delaying doing your taxes, you have a few extra days to file your return. Your federal income tax returns aren’t due until Tuesday, April 18, 2017. Let’s dive into the reasons why Tax Day is on April 18 this year and how that may impact your returns.