Getting the Most Mileage Out of the Automobile Deduction
Of all the tax saving deductions available to business owners, the automobile deduction is the most under-utilized. Why is that? The two biggest reasons are that a lot of people don't realize just how much you can save in taxes with this deduction and the other reason being the misconception that the mileage record-keeping requirements imposed by the IRS are too cumbersome and time consuming. In this report you will learn why it pays to keep track of your miles, how to keep track simply and effortlessly, and how to get the most TSPM (tax savings per mile).
Topics in this Tax Saving Report:
* What are business miles
* Commuting Miles
* The EZ Mileage Log
* Choosing Between the Actual and Standard Methods
* When it Pays to Use Two Cars for your Business
* To Lease or To Buy?
* Audit Proofing Techniques: Recording Mileage
This 10 page report is available for $3.95.
