Standard Mileage Vs Actual Vehicle Expense

Standard Mileage Vs Actual Vehicle Expense

by | Nov 28, 2023 | Tax

The IRS has two ways to calculate the business cost of a vehicle. Regardless of which method you choose, it is important that you track both your total and business mileage for the year as both methods are affected by the amount of mileage. So why would you choose one...