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How To Claim The Standard Mileage Deduction for Business Use of Vehicle

How To Claim The Standard Mileage Deduction for Business Use of Vehicle

Deducting standard mileage when using your car for business purposes can result in huge tax savings. Here is what the IRS 2021 mileage rate is and the IRS rules for making this deduction.If...

Posted by UNIVERSAL ACCOUNTING & FINANCIAL SERVICES INC. on 03/09/2021

Jacksonville FL Tax Pro for Business Use of Vehicle Tax Preparer for Standard Mileage deduction IRS Mileage Rate Section 179 Vehicle Expenses Records
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Tax-Related to Business use of Vehicles.

Tax-Related to Business use of Vehicles.

One of the ways to significantly reduce your business income tax is the business use of a vehicle. It is an important entity that you can use to bring down your tax for two reasons: The...

Posted by Dennis Jao on 12/25/2020

Brea CA Tax Pro for Business Use of Vehicle Tax Preparer for Vehicle expenses Find a Tax Accountant for Business Use of a vehicle deductions Gas Insurance Depreciation Mileage
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