Today is tax day (for those of us who file quarterly, anyway), which reminds me how important it is to keep good records in case the taxman cometh for an audit. For example, if you deduct your mileage ...

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 ...

The Internal Revenue Service lets you deduct all of your business-related automobile expenses. You can choose between two methods. The easy method is to just claim a flat rate per mile. Alternately, ...

If any part of running your small business requires driving, a good mileage tracker app is a must. Mileage trackers not only track miles, but they also log them into a tax-friendly format that you can ...

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 ...

Mileage reimbursement is the process of compensating employees who use their personal vehicle for business purposes. It helps cover car-related expenses like gas, maintenance, wear and tear, and more.

Rick Broida is the author of numerous books and thousands of reviews, features and blog posts. He writes CNET's popular Cheapskate blog and co-hosts Protocol 1: A Travelers Podcast (about the TV show ...

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 ...