Katerina Nikolova 

Maximize Your Tax Deductions: Everything You Should Know about Mileage Deductions for the Self-Employed

When you are self-employed, you can deduct your mileage expenses for driving for your business. Mileage deductions can be overlooked, but every cent matters when tax time comes! And, at a rate of 56 cents per mile for 2021, it would be a mistake not to claim it. If you use a car solely for business purposes, you can claim reimbursement for every single mile. If, however, you … [Read more...]