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Small Business Owners- Get $110 Tax Deductions For Every 200 Business Miles You Drive!

Not taking this deduction is like throwing a $100 bill out your window every time you put 200 miles on your car! Or think of it this way: You could be getting more than $100 in tax deductions for every tank of gas you put in your car.If you currently put 12,000 miles on your car commuting each year, following this procedure would make you eligible for up to $6,600 in new tax deductions. This procedure is completely legal, and your vehicle-use log will document the deduction to the IRS' satisfaction.What about shopping trips and other errands? Yes, there are ways those miles could be tax-deductible also. Let's look at a few examples.Let's say you take your daughter to school each morning and want to legally turn those trips into tax-deductible business mileage. Suppose that your business bank, or office supply or other necessary business stop is further from your home than your daughter's school, but in the same direction. Each morning you could drive directly from home to the business stop to conduct business needs. This would be the primary purpose of the trip.Then, since the school is on your way back to your place of business (home), you might as well drop off your daughter on the way. Since no additional mileage is involved you do not need to record the stop in your Vehicle-Use Log.Do you make frequent trips to a shopping mall? This one is easy, because you have so many options to use. If there is a quick-copy center in the mall, you could go to the mall when you need to have copies of your business flyers printed. While you're there, you might decide to do some shopping.This mileage would be deductible if shopping were the secondary purpose of your trip. Substitute any reasonable and necessary business expense for the quick-copy center - getting stamps for your business, buying office supplies, posting flyers on bulletin boards, handing out business cards, etc.In the above example, you could substitute any reasonable and necessary business expense for the quick-copy center - getting stamps for your business, buying office supplies, posting flyers on bulletin boards, handing out business cards, etc 

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