If you use your own vehicle for business purposes, you may be able to deduct a percentage of your driving-related expenses from your taxable income. To do so, you'll need to keep an accurate record of ...

Maximizing tax deductions helps reduce the overall tax bill you might pay. The Internal Revenue Service announced a standard deduction rate increase for the tax year 2011. Deductions can be taken for ...

Mileage reimbursement is the process of compensating employees who use their personal vehicle for business purposes. It helps cover car-related expenses like gas, maintenance, wear and tear, and more.

Bianca started her massage therapy business three years ago after getting her license. She began by offering in-home services to the local area. However, as more referrals poured in, her business ...

If any part of running your small business requires driving, a good mileage tracker app is a must. Mileage trackers not only track miles, but they also log them into a tax-friendly format that you can ...

This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. J.R. Whalen: High gas prices are putting the squeeze on everyone's household ...

BOSTON--(BUSINESS WIRE)--The Internal Revenue Service (IRS) today announced the 2019 national business mileage rate of 58 cents, which is calculated by Motus, the premier vehicle management and ...

This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. J.R. Whalen: Here's Your Money Briefing for Monday, July 11th. I'm J.R. Whalen ...