![]() You can deduct the cost of your business insurance on your tax return. You can claim the mileage you use for business driving, either by deducting the actual miles traveled for business, or by using the standard mileage deduction of $0.56 per mile driven. If your car use is mixed between business and personal reasons, you can only deduct costs that are related to the business usage of the vehicle. If you use your car strictly for work-related purposes, you can write off all costs associated with operating and maintaining it.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |