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Vehicle Tax Deductions: How to Properly Document Your Business Mileage

admin Senza categoria 22 January 2025

Accurate mileage tracking is crucial for claiming vehicle-related tax deductions in the United States. Whether you’re self-employed or an employee claiming unreimbursed expenses, proper documentation is your key to maximizing deductions while staying IRS-compliant. Essential Documentation Requirements The IRS requires specific information for vehicle expense deductions: Streamline Documentation with Magica…