Visitor  ,

Today, I am going to share with you Tax Deduction #2. 

Business use of your personal vehicle - sometimes called the Car and Transportation Deduction. 

This deduction sometimes turns out to be the largest single category of tax deductions for a lot of businesses. 

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A lot of people make the mistake of not taking advantage of this deduction because they either think the money is not big enough or they think the record keeping is too difficult. 

Let me dispel both of those myths. 

Here's what the money is worth:

The next time you get into your car, push the reset button on the trip odometer. Next, place a stack of one dollars bills next to you in the passenger seat. 

When you start driving and you see you have driven two miles, roll down your window and throw out a dollar bill and watch it blow away. Continue doing this for every two miles you drive for as long as you can stand to.

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Most people who own a home-based business can honestly and legitimately claim $3,000 - $5,000 in tax deductions just off of this category of deductions alone!

As far as the complexity of keeping records, you don't have to keep a log book in your car to keep record of your mileage. At myEcon, we provide you with state of the art record keeping software that you can track and update your car mileage all from the comfort of your smartphone or tablet. 

You are going to drive your car this year anyway; why not learn how to turn your mileage and car expenses into deductible expenses that you can write off at the end of the year.

For more information Call  or Text 

850-880-3992

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