You might want to keep track of your car's mileage for a couple of reasons. First off, it's a great way to stay on top of your expenses, especially if you're a business owner, an employee, or an ...
Rick Broida is the author of numerous books and thousands of reviews, features and blog posts. He writes CNET's popular Cheapskate blog and co-hosts Protocol 1: A Travelers Podcast (about the TV show ...
If you use your own vehicle for business purposes, you may be able to deduct a percentage of your driving-related expenses from your taxable income. To do so, you'll need to keep an accurate record of ...
Starting Jan. 1, 2024 the mileage tax deduction will now be 67 cents per mile driven — up 1.5 cents from 2023. Find out if ...
If any part of running your small business requires driving, a good mileage tracker app is a must. Mileage trackers not only track miles, but they also log them into a tax-friendly format that you can ...
When you use a vehicle for your business, the Internal Revenue Service allows you to write off a certain amount of money per mile as an expense -- 55.5 cents as of 2012. For example, if you travel ...
Mileage reimbursement is the process of compensating employees who use their personal vehicle for business purposes. It helps cover car-related expenses like gas, maintenance, wear and tear, and more.
If you use your own vehicle for business purposes, you may be able to deduct a percentage of your driving-related expenses from your taxable income. To do so, you'll need to keep an accurate record of ...