If you use vehicles in your small business, how and when you deduct for the business use of those vehicles can have significant tax implications ... year depreciation write-off is $12,200 ...

The good news is, you can write off a wide range of business ... based on the miles you drive for business in a given tax year. If you opt for the actual car expenses method, you skip the mileage ...

Can you write off mileage on a rental car? A deduction for standard mileage is ... you can only deduct the portion of the cost that is related to business. Is mileage to a rental property tax ...

For this tax write-off, startup costs include market research ... Similarly, if you itemize and you use a vehicle for business, you can calculate your deduction using the standard mileage rate ...

READ ON THE FOX BUSINESS APP What is a tax write-off? What kinds of expenses are considered ... You can also claim auto ...