Tax Deductions


Do you ever drive a vehicle for business use? If you do you could be eligible for a tax deduction.  Some business owners are unaware of this tax benefit, or unsure about what activities it covers. A common misconception is that the cost of driving between work and home can be included.  The IRS do not class commuting to and from work as business travel, as a result these miles cannot be deducted against your tax expenses.  Despite...

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How many small business owners don’t include the use of their vehicle as a tax deduction? Probably more than you think and those that do usually don’t get all the deductions they are qualified for. Deduction rules change every year so you need to keep up. What is the vehicle mileage rate in 2016? How much tax can you deduct from business miles? If you drive a car, van, pickup or panel truck for your business, the rate of deductible...

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Uncommon Tax Deductions


Posted By on Apr 6, 2015

Well it’s getting closer to that April 15th deadline to file your taxes.  If you haven’t started yet and are wondering what are some uncommon tax deductions that I can write off this year, check out the list below.  Some may shock you as to what people have tried to write off in the past:   Swimming Pool – Could be considered a medical expense   Pet Food – Once seen as a business expense for pet cats...

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