How to Maximize Your Business Mileage Deductions (and Avoid IRS Trouble)

When you understand the rules for deducting business mileage, you: Protect yourself if the IRS comes calling Reduce your tax bill legitimately Two Real-Life Lessons Take Henry. Before he knew the mileage rules, he deducted only 30% of his SUV’s cost. Once he learned the proper method, his deduction jumped to 92%. Then there’s Mark. […]

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