Articles related to car and truck expenses
How to Deduct Car and Truck Expenses for Taxes - Tax Planning
Learn what car-related expenses are tax-deductible, what records to keep, and how to report this on your tax return. Includes standard mileage rates.
Unreimbursed Employee Business Expenses
Both methods rely on a measurement of how many business-related miles you drove in your car or truck. Vehicle expenses are calculated on page 2 of Form ...
Vehicle Sales Tax Deduction - How to Qualify
For 2009 only, individuals can deduct sales tax paid on the purchase of a new vehicle. The deduction is available for cars, trucks, motorcycles, motor homes and ...
Keeping "Audit-proof" Car/Truck Expense Records
Jun 17, 2009 ... Three Requirements for Business Records If you want the IRS to accept your business records, including deductions for car/truck expenses, ...
How to Calculate Mileage Expenses for Business
You may deduct expenses related to your use of a car or truck for business purposes, using one of two methods to calculate mileage and other expenses.
Business Mileage - Mileage Expense - Auto Expense
Describes expenses you can deduct while traveling away from home for business purposes, including transportation, meals and entertainment, car/truck ...
Standard Mileage Rate vs. Actual Expenses
When deducting business travel expenses on your taxes you can use the standard mileage rate or ... What Car/Truck Expenses are Deductible for a Business?
Auto Expense - Deducting Use of Car for Business Purposes
You also need to know how to keep records so your deductions have a better chance of being approved by the IRS, and how car/truck expenses work in a home ...
Travel Expenses - Travel Expense Report - US Business Law / Taxes
If you want the IRS to accept your business records for car/truck expenses and business travel expenses, you must keep careful records. The IRS will not allow ...
Business Car Ownership - Company or Employee
Expenses for Use of Car/Truck. First, remember that whether the business or the employee owns the car, only actual business use of the car is deductible as a ...