There are two ways to deduct the business use of your car, truck, or SUV.
- If you qualify, you can use IRS mileage rates
or
- You can use the “actual expense” method
Which one is right for you?
You’ll get the right answer when you use the free calculator tool we’ve included in our new article titled Tax Tips: Are You Cheating Yourself by Using IRS Mileage Rates?
Three ways our fact-filled article can help you:
- We’ll explain why making the right decision can save you big money. How badly can you cheat yourself if you choose the wrong deduction method? Very badly. In fact, you can lose many thousands of dollars as you’ll learn when you read the full article.
- We’ll give you the facts about the IRS mileage rates. For starters, you should know that not everyone can use them. Are you eligible? Do you even want to be eligible? We’ll give you straight answers when you read the full article.
- You’ll get access to our free handy calculator. It’s easy to use and takes into account your entire vehicle ownership period. (Most professional and consumer tax-preparation programs give you misleading numbers!) Don’t miss this chance to put our unique calculator to work. Read the full article.