Self-employed workers can claim their mileage deduction on their Schedule C form, rather than the ... If you're audited, the IRS will want to see a log that includes dates, destinations and ...

Collect loan statements showing the total interest paid, plus receipts and a mileage log ... by the IRS rate. For example, ...

If you worked a side gig in 2024 and haven't filed your taxes yet, you need to put time aside right now and work on them as ...

An audit occurs when the IRS chooses to review a taxpayer’s accounts and financial information to ensure the taxpayer reported all required income and followed all tax laws. The IRS typically audits ...

Coupled with new federal legislation that mandates gig platforms share users’ earnings of more than $2,800 with the Canada ...

From a market-based perspective, user fees that pay for public roads should be based on the amount that drivers use them. Instead, California assesses such fees through a tax on gasoline that only ...

Get a bigger refund by knowing which work expenses you can write off, whether you're a W-2 employee or self-employed.

“The state is exploring implementing a California Road Charge, which would replace the gas tax with a mileage-based user fee for drivers who use the roads,” reported ABC 30 ...

Taxpayers who claim the standard mileage rate deduction for the miles they log for business purposes will be able to write off 70 cents per mile in 2025, the IRS has announced. That is up 3 cents – or ...

The IRS is close to finalizing an agreement with the Department of Homeland Security to help locate migrants suspected of being in the US illegally, a person familiar with the matter said ...