Calculating Business Mileage and Auto Expense Deductions

Describes expenses you can deduct while traveling away from home for business purposes, including transportation, meals and entertainment, car/truck expenses, lodging, phone, tips, and other miscellaneous expenses.

The IRS has announced the 2011 mileage rate for taxes.

The IRS has announced the 2012 mileage rate for taxes.

IRS Standard Mileage Rates

Whether you have a car that has been purchased by your business, or you are using your personal vehicle for business purposes, you need to know which expenses are deductible. You also need to know how to keep records so your deductions have a better chance of being approved by the IRS, and how car/truck expenses work in a home based business.

Discusses benefits of actual expenses vs. standard mileage deduction

Whether you have a car that has been purchased by your business, or you are using your personal vehicle for business purposes, you need to know how to calculate mileage for business use of your vehicle.

What car/truck expenses you can record and take as deductions.

Discussion of business mileage, including standard mileage vs. actual, how to calculate business mileage, and answers to questions about business...

Defines commuting expenses and describes what car/truck expenses a business owner can deduct for commuting and which cannot be deducted.

Deducting mileage back and forth from a home-based business.

2010 mileage rate for taxes.

What business mileage expense information is needed for business tax preparation

Cell phones are no longer listed property, but this article explains how the IRS requires how listed property be treated in order to be a deductible business expense.

Here is a brief overview of how to calculate mileage expense for business.

Leasing a car may be a good idea for your business. Here's what you need to know about car leasing, including depreciation, leasing a car vs. buying a car options, and more.

Who should own a car for business use - the company or the employee?

Defines per diem rates for business travel, how per diem rates are determined, how the General Services Administration sets per diem rates.

Discusses the "tax home" for business owners and employees who travel for business.