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How do you determine if a car is too old to buy? Here's what a study says about vehicle longevity and how to calculate a ...
How to Pick a Used Car The age-old adage is that the 100,000-mile mark was indicative of a car past its prime. But despite their complexities, modern vehicles are even more reliable, thanks to a ...
Tips for Income Tax Mileage Deductions. When you use a vehicle for your business, the Internal Revenue Service allows you to write off a certain amount of money per mile as an expense -- 55.5 ...
Keep a log book in your car and note the miles driven each day. Logs created after-the-fact with estimated miles driven could be disallowed during an audit. Make thorough entries ...
The IRS recommends keeping mileage and vehicle-related documentation for at least three years in case of an audit. This includes your logbook, receipts, and Form 2106.
Both mileage calculation methods require that you keep a log to track the vehicle mileage used for business. It’s important that the log is kept day-to-day and not reconstructed, or you might ...
There's a risk involved when buying any used car, Consumer Reports says. But if you have to compromise, does age or mileage matter more when buying a used car?
Tracking your car's gas mileage can help determine if it is getting decent fuel economy, and can help calculate drive costs. FuelLog is an Android app that can show you your MPG and provides lots ...