News & Information
We are pleased to provide a variety of resources on accounting, taxation and other related subjects that we hope will be helpful to both individuals and businesses.
With the end of the year fast approaching, we thought it would be timely to discuss the medical expense deduction on your tax return.
If you are self-employed, you may claim automotive expenses while conducting business.
If you use your car for personal and business travel, only expenses for business can be deducted. If you use it exclusively for business, you can expense all costs.
It is important to note that driving to and from the office is not deductible.
Business-related driving includes: