answersLogoWhite

0

In 2015, businesses could deduct vehicle expenses using either the standard mileage rate or actual expenses method. The standard mileage rate was 57.5 cents per mile for business use. Actual expenses included gas, maintenance, insurance, and depreciation. The business had to keep detailed records to support the deduction.

User Avatar

AnswerBot

5mo ago

What else can I help you with?

Related Questions

Who makes the fuel economy estimate?

In the USA, the estimate on a new vehicle comes from the EPA.In the USA, the estimate on a new vehicle comes from the EPA.


What is FJ Holden known for in the business industry?

The FJ Holden is one of the more popular European vehicles when it comes to quality and and speed performance. The FJ Holden is one of the more popular when it comes to quality vehicle in Australia.


Where is the starter on a 87 Jeep Laredo?

Look underneath the vehicle. Find your flywheel housing. If you can't identify the flywheel housing, you have no business trying to turn wrenches on a vehicle. On the front of the flywheel housing, you'll see the starter protruding out. I'm not certain when it comes to this particular vehicle, but they're usually on the right side of the vehicle.


What does the word vehicle comes from?

it comes from the Latin 'vehiculum' meaning conveyance


What size hose comes off fuel pump?

It varies from vehicle to vehicle.


Is it against the law to park a unregistered vehicle at a business that repairs cars with for sale sign on it?

No; and it is pretty much no problem having the vehicle unregistered or the registration is expired, the problem comes when you drive it or someone wishes to test drive it. Additionally your car insurance maybe an issue.


Is the title and registration the same thing when it comes to owning a vehicle?

No, the title and registration are not the same when it comes to owning a vehicle. The title is a legal document that proves ownership of the vehicle, while the registration is a document that shows the vehicle has met the necessary requirements to be driven on the road.


What does it mean when the check your engine light comes on in a vehicle?

When the check your engine light comes on in a vehicle it can mean various things. The light is part of the vehicles diagnostic system and acts as a warning that something may be wrong with your vehicle.


What comes after sincerely in a business letter?

nothing comes after it, but underneath "Sincerely" you sign it.


Why is cash a debit?

cash comes in the business


What is agro business?

Agro comes from Greek farm. Agro business is the business of farming and selling agricultural products.


What do you do if your check engines light comes on?

Take your vehicle to a mechanic