Vehicle Expenses: Mileage vs Actual

When a vehicle is used for business purposes, the business owner has the choice of deducting either the actual expenses (including depreciation) or deducting the standard mileage rate.

Each situation is different, so an analysis should be made to determine which method will give the best benefit for taxes.

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ABOUT ME:
For many years I worked at very large national and regional CPA firms preparing taxes. I always wanted to start my own tax business, but always felt like I needed to learn more about taxes before I could go out on my own.

One day, an opportunity came my way to partner with a couple women and start our own tax firm. We worked hard and quickly grew the firm to seven figures.

I now help others gain confidence to start their own tax business by teaching them how to prepare tax returns for their clients.

If you haven't watched my free webinar on how to add tax preparation to your bookkeeping business, watch the webinar at www.taxtutor.com

If you have already watched the webinar and want help from me, you can book a free call with me to see if I can help you add tax preparation to your bookkeeping business - www.taxtutor.com/apply