Mileage Tax Deduction > Information Source
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IN THE SPOTLIGHT
Vehicles using this technology combine the agility of standard legacy hybrids, like the Toyota Prius, with the added benefits of being able to add electrically-fueled mileage by charging up powerful and capacious add-in batteries, enabling vehicles to attain effective mileage rates in the triple digits.
Fuel having a high ´natural´ cetane number obtained through high energy paraffin content may provide better fuel mileage than lower energy fuel or fuel with poor natural burning characteristics plus a cetane improver, if ambient temperatures are adequate to prevent gelling of the high paraffin fuel.
Alas, with the total focus on clean emissions in the late ´60s-early ´70s, fuel mileage was completely overlooked, with the result that experimental steam cars of that era got worse fuel mileage than comparable gas cars.
Now more than ever, we need the fair tax
It's that time of year again. Dig out those receipts showing every possible legal deduction. Find all those canceled checks proving that you paid all those doctor bills last year. Add up the mileage for all those business-related trips you took. ...
How Long Should You Keep Records After Tax Day?
You?d think that the day after Tax Day would be quiet ? but it?s not. You see, once tax time has come and gone, taxpayers are not completely off the hook. You'll want to keep records and documentation on hand in the event that the IRS comes calling. Here are some tips to help you ... ...How to Deduct Employee Business Expenses
Employees that find themselves with business-related expenses that are not reimbursed or are only partially reimbursed by an employer, could have a viable tax deduction that can result in significant savings. ...First Person: My Mileage Log Saves Me Money
Even though I don't travel as part of my job, I still keep a mileage log for my car. I also impress upon my wife and daughter to keep one each for their cars. The reason is simple. Watching the gas efficiency of the family vehicles saves me money on several fronts. ...That Trip to the Post Office to Mail Your Taxes? Deductible!
Sole proprietors may be on top of it in terms of getting their taxes done, but they may be cheating themselves: According to data compiled from online accounting solution Outright.com, business owners are neglecting to report mileage expenses on their tax returns. ... ~O-O~
mileage tax deduction fact bits
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