The standard mileage rate yields the greatest business deduction 90% of the time. However, the actual expense method may be beneficial in a year that you a) drive a relatively expensive heavy vehicle over 6,000 lbs, b) nearly 100% for business, c) drive relatively few miles, and d) have excessive repairs or other operating costs. Keep gasoline, insurance, & repair receipts if applicable to your situation.
SHARE WITH A FRIEND.
If you need tax help... www.baboiancpa.com