Business Mileage Demystified: How To Save Money While Not Increasing Audited Chances

Business Mileage Demystified: How To Save Money While Not Increasing Audited Chances
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When it comes to business tax deductions, one of the most overlooked helps are your auto and transportation fees. This may be because business owners are either unaware of this benefit or just don’t believe that it’s worth the hassle.

The thing is, business mileage deductions aren’t that complicated. And, when done correctly, your could even end up with a substantial deduction from your taxes owed.

What Is the Mileage Deduction?

In its simplest form, the mileage deduction is a tax write-off that can be used to offset the expenses of using your personal vehicle for business purposes.
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