Vehicles - Business Use

This handout explains the circumstances under which an individual can claim a deduction for using their vehicle for business purposes.

HIGHLIGHTS: 

  1. Business use of vehicle.

  2. Local transportation.

  3. Office in home.

  4. Standard mileage rate.

  5. Actual expenses.


CLIENTS WHO MAY BENEFIT:

  1. Small business owners who use their vehicle for business purposes.