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.
Use This Guide to Help Get Your Biggest, Most Accurate, IRS-Compliant Mileage Deduction or Reimbursement
Staying on track to get the full value of your 2014 mileage deduction may seem tedious, especially if you have’t been documenting your miles throughout the year, but with some careful work, you may earn a hefty financial return and you’ll be 100% ready in case you get audited. The first step on the right track to an accurate mileage deduction is understanding key definitions, conditions, exceptions, and submission protocols. In this post we will review all of these topics and provide tips and tricks for you to prepare for your 2014 mileage deduction.