Skip to Main Content

Tag Archives: mileage

2022 Vehicle Depreciation and Deductions

In general, if you use vehicles in pursuit of a trade or business, you can deduct the ordinary and necessary expenses incurred while operating the vehicle. Taxpayers may use either the standard mileage rate method or the actual cost method … Continue reading

Posted in Blog, News & Articles | Also tagged , , , , , Comments Off on 2022 Vehicle Depreciation and Deductions