If you drive a personal vehicle for business, you have two options for deducting your vehicle expenses. You can use the standard mileage rate, or you can use the actual expense method.
Which is ...Read more
If you drive your car for work, you can take a mileage deduction on your taxes. Yet, many people don't know the IRS has some strict rules on what is deductible business driving. There's no such ...Read more
A mileage tracking app is the best way to keep track of your miles for tax or business purposes. You may be thinking, "Can't I just use a pen and paper?" Yes, but the best mileage tracking app has ...Read more
Hopefully, you're already tracking your miles in order to get the largest mileage deduction you're entitled to. But, what counts as a business drive? Let's go over what trips the IRS considers as ...Read more
I often get asked if you have to include odometer readings for every trip to get the mileage deduction. The IRS does not require odometer readings for every trip. Let's go over the reporting ...Read more