Margida & Associates, Inc. - Certified Public Accountants serving small businesses and individuals in Akron Canton and Hudson since 2000.

linkedinfacebooktwitter

Tax Tip Tuesday: Auto Expenses vs. Mileage Deduction

When faced with a choice of deducting either your actual auto expenses or the mileage deduction for business-related driving, take the mileage deduction. It’s a better deal with gas prices so high. Mobile apps such as Outright can make it easy to log your mileage as you go.