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What else can I help you with?
Is it possible for gas to be considered a business expense?
Yes, gas can be considered a business expense if it is used for business-related activities such as transportation for work purposes.
Can I deduct gas expenses on my taxes?
Yes, you may be able to deduct gas expenses on your taxes if you use your vehicle for business purposes.
Is gas considered a travel expense?
Yes, gas is considered a travel expense because it is a cost associated with transportation from one place to another.
Where can one get free business gas cards?
There are many places where one can get free business gas cards. One can get free business gas cards at popular on the web sources such as Arco and Conoco.
Can you claim gas expenses on your taxes?
It depends weather you are using your vehicle for business, if so yes you can also claim new tires, repairs, and you use to be able to claim your tags/insurance... Don't know if they except that anymore though.
Is it possible for gas to be considered a business expense?
Yes, gas can be considered a business expense if it is used for business-related activities such as transportation for work purposes.
Can I deduct gas expenses on my taxes?
Yes, you may be able to deduct gas expenses on your taxes if you use your vehicle for business purposes.
What is the 2009 standard gas rate for taxes?
Business use was 55 cents per mile. Medical and qualified moving expense was 24 cents per mile. Charitable was 14 cents per mile.
Are gas taxes deductible and if so how are they calculated?
In a business, where the gas itself is deductible, it becomes a component of that cost. There is no deduction for this in personal situations.
Is gas considered a travel expense?
Yes, gas is considered a travel expense because it is a cost associated with transportation from one place to another.
How much money is needed to start a meat market business?
You can calculate the answer by listing every expense (business licenses, rent, utilities, office equipment, communications, transportation (gas, oil), supplies, initial inventory, and more) and obtaining the cost of each expense. The total of all of these expenses will be your start up expenses.
Can gas be used as a tax deduction?
Yes if you can prove that you used your car to travel for business. Driving back and forth to work does NOT count as a business expense. However, if you are a salesperson who drives to different places a lot of the time, you can claim fuel.
How much should you get paid on company time for gas mileage?
An employer can pay any amount they want for gas mileage. The federal government allows an employee to claim a deduction for the business mileage if the employer does not reimburse the employee for the expense.
What type of tax is a tax on gas?
Expense Tax
What is usually the greatest expense in owning a vehicle?
Gas.
How are business gas prices determined?
There are many factors that help determine the the price of gas. Taxes, refining costs, marketing, redistribution and the crude oil cost, which make up about two-thirds of the price.
Can a expense be defined as variable cost and a fixed costs?
Some expenses are the same amount each month and some vary. Mortgage and taxes stay the same each month. Expenses that vary are electricity, gas, and food.
