vehicle expense deductions – The Burns Firm – Advisors of Complex Financial Matters

Follow Detailed Recordkeeping Rules for Vehicle Expense Deductions

September 22nd, 2020|Categories: Accounting, Burns Firm, Business, Services, Tax, Tax Return|Tags: CPA Dallas, cpa near me, Dallas CPA, irs rules on keeping track of miles, keep track of miles, Mileage log, recordkeeping of miles, rules for keeping track of miles for work vehicle, The Burns Firm, vehicle expense and what is deductible, vehicle expense deductions, vehicle expense deductions and recordkeeping|

Many business owners fail to follow the strict tax rules for substantiating vehicle expenses. But if your business is audited, the IRS will most likely ask for mileage logs if [...]