Don’t Forget to Log Those Miles!

Don’t Forget to Log Your Year End Mileage

If you deduct mileage, or even use actual vehicle expenses, you will need to have the total mileage that the vehicle is driven, in addition to the various types of specific mileage:
*   Medical or Moving Mileage (2014 deduction = 23.5 cents per mile)
*   Charity Mileage (2014 deduction = 14 . . . → Read More: Don’t Forget to Log Those Miles!

Vroooom…Remember Those Miles!

Final Reminder…
Don’t Forget to Log Your Year End Mileage

If you deduct mileage, or even use actual vehicle expenses, you will need to have the total mileage that the vehicle is driven, in addition to the various types of specific mileage:

* Medical or Moving Mileage (2013 deduction = 24 cents per mile)

* Charity Mileage (2013 deduction . . . → Read More: Vroooom…Remember Those Miles!

Welcome to Our Blog!

Welcome to our blog about accounting, bookkeeping, payroll, tax and other issues. Feel free to leave a comment, or ask a question. We moderate comments on a daily basis. Please make your comment specific to the article, to avoid being . . . → Read More: Welcome to Our Blog!

Small Business Primer for Tax Season

With the passing of the holidays, comes the necessary and dreaded task of preparing yourself and your documentation to report your earnings and deductions to the IRS.  We will go into this a little further next month, but I wanted to give you some preliminary tips to help make the process easier.

If you paid anyone acting as an independent . . . → Read More: Small Business Primer for Tax Season

Seacoast Accountability’s Guide to Vehicle Expenses

The details for deducting business vehicle expenses can be found in IRS Publication 463. Using most popular tax software programs, a worksheet is used to feed the deductible cost into the Schedule C vehicle expense line. This discussion is a general overview, focused on self-employed individuals that own or have financing on a car that they . . . → Read More: Seacoast Accountability’s Guide to Vehicle Expenses