Owning & managing a fleet involves a host of activities. But don’t forget to include the expenses contributing towards greater tax deductions!
What would be wiser to use as a method to calculate deductible expenses: standard mileage rate method or the actual expenses? Let’s find out!
Many companies that run fleets prefer business vehicle leasing these days. It’s not hard to figure out why.The benefits are plentiful.But how does it work?
How about automagically submitting your detailed, hopefully valid and lengthy mileage report for deductible expenses, for your entire fleet of vehicles?
Deductible vehicle expenses for contractors you say? As a self-employed contractor or business owner, you are always looking for ways to make the most of your tax deductible vehicle expenses.
Sorting out and validating business travel expenses can be complex, that’s why you need a fleet tracking system for mileage deduction.