Tag Archives: personal vehicle

Employee business expense deductions can mean a little extra cash in your pocket at tax time, as long as you have an actual legitimate expense as an employee that is not reimbursed by your employer. If you use your personal vehicle, for example, for business purposes, you are eligible to deduct either the actual cost […]

Do you use your own car for business purposes? If so, you may be able to deduct the costs associated with driving for the business portion, up to certain limits. If you use your car for personal reasons as well, only the business portion of costs is deductible. You can calculate the deduction using one […]