Business Mileage Deductions Could Cut Your Tax Bill

Business Expenses, Business Mileage, Form 2106

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business mileage deductions explainedA few years ago, it appeared any company that required you to drive for your business would just hand over the keys to a new car -- my friends in sales or service seemed to magically have a new vehicle every few months. In this economy, however, that has changed. While more jobs require reliance on a car (some for multi-tasking), fewer companies are footing the bill for it. But there's still some relief available; If you use your car for business or your job, you can deduct car-related expenses on your tax return.

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