I recently got audited . Do you need to show proof of odometer to IRS?
When you’re audited by the IRS for mileage deductions, you are generally expected to provide documentation that substantiates your…
February 5, 2024When you’re audited by the IRS for mileage deductions, you are generally expected to provide documentation that substantiates your…
February 5, 2024There are a lot of benefits to driving your car for business. The biggest is the tax deduction you…
January 27, 2022How many round-trip flights are you taking? More importantly, how many miles you’re accruing? Are you driving for work?…
November 21, 2021The Internal Revenue Service or IRS considers medical care expenses are the following: cost for your medical diagnosis cost…
July 4, 2021When it comes to business records, everything should be accurate and complete with supporting documents to show. The vehicle…
April 29, 2021The Internal Revenue Service or IRS accepts only business trips purposes on your business mileage deductions. The personal trips…
April 17, 2021Business owners and self-employed individuals are qualified to claim a business mileage deduction. The IRS only considers business trips…
March 14, 2021Business mileage is one of the business tax deductions that you should track and prove so you can claim…
February 26, 2021Making a driving log is crucial for your business operation. The fact that you need to record everything in…
January 5, 2021In this year 2020, the Internal Revenue Service or IRS issued the 2020 optional Standard Mileage Rates that can…
December 12, 2020