Every Single Tax Deduction You Could Possibly Ask For

Car for Business Use (If You’re Self-Employed)

If you use your car for your job or business, you might be able to deduct the costs. You can either use a standard mileage rate or the actual-expense method, which is what it actually costs to operate the car for its business-use portion. However, under the new tax laws, this only applies if you are self-employed.

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4 thoughts on “Every Single Tax Deduction You Could Possibly Ask For”

  1. Much Appreciated info in a great floor Mate easy to understand I will be asking some questions this year from our tax man this year 2019

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