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Standard Mileage Rate vs Actual Vehicle Expenses 2009, 2010
You may know that because the IRS provides a standard mileage rate for the deduction of vehicle expenses used in your business, you are allowed to choose between this rate and the actual expenses you incur in...
0 comments2009, 2010 IRS Standard Business Mileage Tax Deduction Rate
There has been a recent increase in the standard mileage tax deduction rate. It has increased from the previous 48.5 cents per mile to 50.5 cents per mile. This new increase took effect on January 1st, 2008. ...
0 comments2009, 2010 Federal IRS Car & Vehicle Mileage Deduction for Taxes
We are all familiar with the prices at the pump. That is why it is more important than ever to seek every deduction possible when calculating your driving expenses that relate to your work or business. It can...
0 commentsAllowed Job, Work, Gas, & Travel Mileage Deduction Amount 2009, 2010
There can be potentially huge tax savings by deducting your vehicle mileage. There are many reasons that your mileage may be tax deductible. If you must travel for your job and use your own vehicle then those...
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