Hello! I am a CPA here to assist you with your tax questions. My goal is to provide you with excellent service today.
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Personally, what I would do if this is your first year is keep track of both - the mileage and your actual expenses. You can only write off the business portion of either expense
Thanks. I understand. What is the price per mile one can write off for a car or motorcycle?
The price per mile is 56.5 cents per mile
It's the same regardless of the vehicle
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