If you use your own vehicle for business purposes, you may be able to deduct a percentage of your driving-related expenses from your taxable income. To do so, you'll need to keep an accurate record of ...

SARASOTA, Fla., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Tax season is here, and being prepared can make the process much smoother. MileageWise, the IRS-proof mileage tracking expert shares IRS-backed tips ...

David Gorton, CPA, has 5+ years of professional experience in accounting. He teaches accounting, helping promote financial education and awareness. Vikki Velasquez is a researcher and writer who has ...

The IRS has announced its 2024 standard mileage rates. Beginning Jan. 1, 2024, the standard mileage rates for the use of a car, van, pickup or panel truck will be: 67 cents per mile driven for ...

Driving for business, charity or medical reasons this year? You may be able to deduct those miles on your taxes using the IRS standard mileage rate. For 2024/25, these rates have changed, and knowing ...

Bianca started her massage therapy business three years ago after getting her license. She began by offering in-home services to the local area. However, as more referrals poured in, her business ...