As business owners, your biggest expense is usually your tax bill. That means you have to put a lot of attention and ...
deduct an amount based on the actual miles you drove for your business using a cents-per-mile rate. These are known as the Actual Expenses method and Standard Mileage method, respectively. You can ...
Keep detailed records, including receipts for transportation, parking, and tolls, and logs for mileage (deductible at $0.14 per mile for charitable purposes). 5. Tax Deductions for Medical ...
Angie Mohr, CPA, CA, and CMA, has 18+ years of experience as a freelance finance writer. She is the author of Money$marts and Piggy Banks to Paycheck. David Kindness ...
Use this BSU mileage log form to keep track of your miles when you drive your personal vehicle for University business. Do not submit reimbursement requests for commuter miles. Commuter miles are ...
When you make a donation to a charity, you can feel good about contributing to a need. As an additional benefit, you can also ...
The IRS released the 2025 standard deduction amounts you’ll use for your 2025 tax return. T hese amounts for each filing status are adjusted for inflation every year. So, the standard deduction ...