Resources:
- Revenue Procedure 2010-51
- 2012 Mileage Rate
- Deducting Travel, Entertainment, and Gift Expenses
- Tax Topic 511 – Business Travel Expenses
Why YOU Should Care:
While the cost of your daily commute is not a deductible expense, there are situations in which use of your vehicle or public transportation can be deducted.
Continue reading “The Cost of Commuting – When is Transit Deductible?”
