You Don’t Have to be in Business to Deduct Certain Vehicle Expenses

Business-automobiles-tax-depreciation

When you think about tax deductions for vehicle-related expenses, business driving may come to mind. However, businesses aren’t the only taxpayers allowed to deduct driving expenses on their returns. Individuals may also be able to deduct them in certain circumstances. Unfortunately, under current law, you may not be able to deduct as much as you […]