Today is tax day (for those of us who file quarterly, anyway), which reminds me how important it is to keep good records in case the taxman cometh for an audit. For example, if you deduct your mileage ...

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 ...

You might want to keep track of your car's mileage for a couple of reasons. First off, it's a great way to stay on top of your expenses, especially if you're a business owner, an employee, or an ...

Maximizing tax deductions helps reduce the overall tax bill you might pay. The Internal Revenue Service announced a standard deduction rate increase for the tax year 2011. Deductions can be taken for ...

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 ...