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Category: tax deductions

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Current Mileage Rate Tax Deduction for Business Vehicles 2020, 2021

August 7, 2020August 8, 2020 frankie1266

If you run a small business and you use a vehicle to keep it running, you could have the chance to deduct the expenses of running that vehicle on your next tax bill. There are two mechanisms in common usage … Continue reading Current Mileage Rate Tax Deduction for Business Vehicles 2020, 2021

tax deductionsLeave a comment
medical expense tax deduction

Medical Expenses Tax Deduction 2020, 2021

May 6, 2019August 8, 2020 frankie1266

Medical expenses are high in the US. They can be difficult to pay along with a major tax bill at the end of the financial year. The good news is that the IRS does make medical expenses partially deductible. So, … Continue reading Medical Expenses Tax Deduction 2020, 2021

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