Tag : Actual Car Expense Method

How To Maximize Business Use Car Tax Deductions Whether you use your car only for work or for both work and personal reasons, many taxpayers wonder how they can maximize end of year vehicle tax deductions.

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There are two methods to calculate expenses for business use car tax deductions: the standard mileage rate method and the actual expense method. It is up to the taxpayer to decide which one is best. So which method do you chose? The Standard Mileage Rate Method The standard mileage rate is a method of deducting
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