You can significantly reduce your taxable income and improve your financial health by leveraging commonly overlooked ...

There are several ways to deduct vehicle expenses on your business tax return as a self-employed person. You can deduct the mileage used for meeting with clients or business travel at the current ...

ft., which caps the value of the deduction at $1,500. Car ownership isn't cheap, but those who use their car for business can get a tax write-off for certain expenses, including insurance premiums ...

The IRS allows qualified taxpayers to deduct vehicle mileage related to business, charity, medical or moving purposes — but there are several important rules to know. Many, or all, of the ...

Learning to live on a fixed income can be one of the biggest challenges and calls for a careful reassessment of everyday expenses, including how much you’re spending on car-related costs.

A tax deduction is an expense or expenditure that can be subtracted from an individual's or business's total income, ...