Recording Business Miles

Dec 17, 2021 · 5m
Recording Business Miles
Description

If you are self-employed or own your own business, many governments, including the U.S. federal government, permit you to deduct business-related transportation costs as a business expense on your charges....

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If you are self-employed or own your own business, many governments, including the U.S. federal government, permit you to deduct business-related transportation costs as a business expense on your charges. To take this deduction, calculate mileage effectively and keep exact logs. These records will ensure you in case of a review.
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Author Maureen Yen
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