Mileage deductions can add up to significant savings for taxpayers. Self-employed workers and business owners are eligible for the largest tax-deductible mileage rate. Mileage can be deducted for ...

If you use your car while volunteering, you can deduct directly related expenses – such as gas – or use the 14 cents per mile mileage deduction. Make sure you save any relevant receipts and ...

Self-employed individuals or business owners may deduct certain expenses, such as mileage or actual costs, when the vehicle is used for business-related travel. However, commuting from home to a ...

New tax deduction rules can help self-employed Uber and Lyft drivers save money this tax season.The IRS allows two methods for deducting vehicle expenses. The standard mileage rate for the 2024 ...