When it comes to figuring out tax deductions for business mileage, tricky IRS rules may leave you scratching your head.
That’s where my new article comes in. It was designed to answer those off-beat but common questions that taxpayers face every day.
Want to make sure you’re deducting every business-mileage penny you are entitled to? We won’t steer you wrong when you read my new article titled Tax Tips: Do You Have These Four Tax-Deductible Business Mileage Questions?
Three ways our fact-filled article can help you:
- We’ll tell you how to handle “indirect trips.” Do you have an office in your home that qualifies for the home-office deduction? Do you also have an office outside your home where you work 35 to 40 hours a week? Great! Now, let’s assume you leave home and drive to a personal yoga class and then go to the office. Which miles are deductible, if any? You’ll get clear answers when you read the full article.
- We’ll explain how to deal with “charitable mileage.” Let’s say you’ve been elected to your local school board. When you drive from your home office to the school board meeting, can you deduct the mileage as charitable mileage? You’ll find out when you read the full article.
- We’ll tell you when to document the “contacts” you make. You meet new people all the time. And, with any luck, some of them can become new customers for your product or service or patients for your medical practice. Which means your expenses, related to meeting them, might well be deductible! We’ll explain how to write off every cent you’re entitled to when you read the full article.