Friday, January 27, 2017

What Are the IRS’s Standard Mileage Rates?

When you use your car for business, the IRS allows you to deduct that expense from your taxable income. You’ll itemize your deductions, using Form 2106 (Employee Business Expenses) if your employer partially reimbursed you for expenses. If your employer provided no reimbursement at all, you’ll use Form 2106-EZ (Unreimbursed Employee Business Expenses) to claim...



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