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Tag: travel

Why To Track Mileage

If you use your car for your business your CPA has probably told you to track your mileage. The reason is that there are two way to calculate the auto related costs for your car- actual expenses and standard mileage rate- and both rely on knowing the number of business miles you drove...  Read More

How to Deduct Your Vacation

It is almost summer and many people will be thinking about traveling. If you plan it right you might even be able to deduct a good part of your trip. Travel Primarily For Business The IRS says that travel primarily for business is fully deductible. If you take a trip that is primarily...  Read More

Taking Moving Expenses as Tax Deductions

With the economy as it is these days people might find themselves moving to find work.  It is possible for these expenses to be tax deductible.  Here is a guide as to how. A Case of Two Tests There are two tests that determine if your moving expenses are deductible- distance and time....  Read More