|
When it comes to auto expenses for using your personal vehicle for work the business owner has two options.
You can deduct your actual expenses or use the Internal Revenue Service's standard mileage rate. Effective
January 1, 2011 the rate has been changed to 51 cents a mile.
For more information on IRS mileage rates go to the IRS Web site: irs.gov.
|
Responsive, positive, team player... |
