Standard Mileage Method vs Actual Expense Method - EVERYTHING You MUST Know!! Which is Better?
How much do you know about the Standard Deduction Rate and the Actual Expense Method for Tax Deductions for Business use on Vehicles? What are the major differences and which is best for you during tax season? In this video, we are talking about the Standard deduction rate and the Actual Expense Methods for writing off your vehicle, which is best for you, and everything in between!
Thank You GigTax for Verifying this information and making this video possible!
GigTax:
Hi 👋🏻 GigTax is powered by Truthful Taxes.
Head on over to: www.Truthfultaxes.com
Click “file my taxes now”
Create an account and complete the registration, uploading all docs. Select ‘Joseph Mayo’ as tax preparer”
Make sure you use code WYLD to Maximize your savings and get 60% off your Tax Preparation Services! The above link is temporary and the official website will be live soon!
Joseph Mayo, Founder of GigTax:
Email: jmayo@truthfultaxes.com
IG: https://www.instagram.com/gig.tax/
TikTok: https://www.tiktok.com/@gig.tax
IRS Standard Mileage Rates:
https://www.irs.gov/tax-professionals/standard-mileage-rates
Source:
https://www.irs.gov/taxtopics/tc510
Follow Me On:
Instagram: https://www.instagram.com/drivenwyld/
Twitter: https://twitter.com/DrivenWyld
TikTok: https://www.tiktok.com/@drivenwyld
Have a story you want to share? An Article you would like me to go over? Or something else entirely?
Email me: drivenwyld@gmail.com
Tips Appreciated 😜:
Paypal: https://bit.ly/DWPayPal
My P.O. Box:
P.O. Box 10093
Pompano Beach FL 33061
Disclaimer: The content of this video does not contain and is never intended to be legal, business, financial, tax, or health advice of any kind, This video is for entertainment purposes only. It is advised that you conduct your own research and consult with qualified professionals before applying anything you find online.
The goal of Driven Wyld is to Provide value and allow people to learn about platforms such as:
-Doordash
-Uber / UberEats
-Grubhub
-Instacart
-Veho
-#NoTipNoTrip
-As well as many others
To understand the gig economy on a much deeper level and to help people make the most amount of money in the least amount of time!
-
9:25
Driven Wyld
2 days ago $0.04 earnedPolice EXPOSED for Identity Fraud as Doordash Drivers! The Dark Truth! UberEats Grubhub
711 -
57:54
Proof Bread
20 hours agoSwabian Pretzels the Sourdough Way
8.04K4 -
5:45
RealReaper
1 day agoThe Gay Black Doctor Who The Devils Chord Sucks
12.2K20 -
34:35
Chrissy Clark
1 day ago $0.07 earnedCan Conservatives Believe In Climate Change?
13.9K24 -
53:28
Censored TV
1 day agoS5E93 - YOUR INSULTS ARE COMPLIMENTS (FREE PART)
16.7K12 -
8:35
America Uncovered
12 hours agoYou Won’t Believe Who’s Defending Donald Trump Now…
5.61K6 -
32:24
Praxis Homesteading and Survival Skills
1 day agoThe Most Valuable Post SHTF Barter Item
10.6K3 -
1:04:07
Trumpet Daily
1 day ago $1.81 earnedHot Take for the Regime: Michael Cohen Has No Credibility - Trumpet Daily | May 17, 2024
10.1K21 -
57:09
CutJibNewsletter
21 hours agoYou've Got a Fiend - Cut Jib Newsletter Speaks!
8.06K1 -
LIVE
Kaloopy - The Eye Candy Channel
7 hours agoKaloopy - Eye Candy - Episode 1
570 watching