Vehicle-Expense Deduction Ins and Outs for Individual Taxpayers
In addition to businesses being able to deduct vehicle-related expenses, individuals also can deduct them in certain circumstances. Unfortunately, the Tax Cuts and Jobs Act (TCJA) might reduce your deduction compared to what you were able to claim on your 2017 return. For 2017, miles driven for business, moving, medical and charitable purposes were potentially […]
