Learning the reporting requirements for mileage reimbursement will help you stay in compliance with IRS rules concerning business deductions. You can use the standard mileage rate for passenger ...

If you use your own vehicle for business purposes, you may be able to deduct a percentage of your driving-related expenses from your taxable income. To do so, you'll need to keep an accurate record of ...

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 cents as of 2012. For example, if you travel ...