March 7th, 2018 → 1:53 pm @ Carol
Not eligible for business use of the home, Can this author still deduct mileage?
February 21st, 2017 → 10:19 am @ Carol
Writers: Don’t make these 8 common tax mistakes.
February 10th, 2017 → 11:27 am @ Carol
No one likes recording odometer readings, so use information from Google maps instead.
January 24th, 2017 → 9:23 am @ Carol
Self employed people can take a per diem expense for meals and incidentals when they travel out of town requiring an overnight stay.
February 20th, 2013 → 7:54 am @ Carol
Several iphone apps make tracking mileage easier
February 13th, 2013 → 8:35 am @ Carol
Business mileage at 55.5 cents a mile (for 2012) is a great tax deduction!
January 2nd, 2012 → 2:00 pm @ Carol
I forgot to record my odometer reading in my mileage log. What should I do? Use Goggle maps to calculate the mileage. In an audit, the IRS may ask for third party verification of mileage (such as oil change mileage readings), so an odometer reading is still the best record of mileage. Carol Topp, CPA
December 12th, 2011 → 5:44 pm @ Carol
From the IRS https://www.irs.gov/newsroom/article/0,,id=250882,00.html Beginning on Jan. 1, 2012, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 55.5 cents per mile for business miles driven 23 cents per mile driven for medical or moving purposes 14 cents per mile driven in service of charitable organizations […]