
Navigating Vehicle Expense Deductions: A Guide for Business Owners
For business owners, the use of vehicles is a critical component of the operations of a business. Whether it’s driving to a client’s office or an off-site project location or delivering products to customers, vehicles play a major role in the success of a business. That’s why it is essential for business owners to be aware of the tax rules and guidelines when deducting ordinary and necessary expenses related to operating vehicles for a business.