If you use your own vehicle for business purposes, you may be able to deduct a percentage of your driving-related expenses from your taxable income. To do so, you'll need to keep an accurate record of ...

Mileage reimbursement is the process of compensating employees who use their personal vehicle for business purposes. It helps cover car-related expenses like gas, maintenance, wear and tear, and more.

When you use your car for business, the IRS allows you to deduct that expense from your taxable income. You’ll itemize your deductions, using Form 2106 (Employee Business Expenses) if your employer ...

This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. J.R. Whalen: High gas prices are putting the squeeze on everyone's household ...

You might want to keep track of your car's mileage for a couple of reasons. First off, it's a great way to stay on top of your expenses, especially if you're a business owner, an employee, or an ...

SARASOTA, Fla., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Tax season is here, and being prepared can make the process much smoother. MileageWise, the IRS-proof mileage tracking expert shares IRS-backed tips ...

This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. J.R. Whalen: Here's Your Money Briefing for Monday, July 11th. I'm J.R. Whalen ...