Uncategorized 2022 Change to Standard Mileage Rates 22 Jun 2022 Your corporation is allowed to reimburse you for your business mileage throughout the year if you provide the company with evidence. Unlike partnerships and sole proprietors, a corporate entity must make a reimbursement payment…
Uncategorized Written Log Book Needed for Mileage Deduction 25 Jun 202118 Jun 2021 A recent case confirms the requirement to maintain a contemporaneous, written log book in order to claim a deduction for business mileage expense. (Contemporaneous means recorded at the time of…