Today is tax day (for those of us who file quarterly, anyway), which reminds me how important it is to keep good records in case the taxman cometh for an audit. For example, if you deduct your mileage ...
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 ...
David Gorton, CPA, has 5+ years of professional experience in accounting. He teaches accounting, helping promote financial education and awareness. Vikki Velasquez is a researcher and writer who has ...
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 ...