If your lawn is not kept well fed and nourished then weeds will begin to develop. Joe's always use the latest 'state of the art' fertilisers on the market to offer the correct balance of feed during the changing seasons.
Sometimes you have to use your own vehicle to do your job. If you must do a lot of work-related driving, it can get expensive. Many employers reimburse employees for the business use of their vehicles.
Employer Latitude As a general rule, employees are hired at will. This means an employer can impose requirements such as making you use your own vehicle at work. Employers are not required to reimburse you for mileage in most states.
However, if a company has a stated policy of reimbursing mileage or if reimbursement is part of a union or other employment contract, you usually must be paid for work-related mileage. Reimbursement Most government and private employers who pay reimbursement when they require you to drive your personal vehicle at work rely on the Internal Revenue Service standard mileage rates.
The standard mileage rate is an amount of money per mile that is tax-deductible.
This makes things simple because you do not have to track actual vehicle expenses. The standard rate is adjusted yearly to reflect variations in fuel and other operating costs. For instance, in the standard rate was If an employer pays less than the standard rate, you can still deduct the unreimbursed portion of the standard rate on your tax return.
Qualified Mileage Most of the time, when your employer requires you to use your car at work the miles you drive qualify for business use.
However, there are some rules you must keep in mind. Suppose your employer tells you to drive somewhere to pick up some supplies. If you stop to do a personal errand, the mileage on that trip from that point on is not considered a business expense.
Mileage Log If your employer reimburses you for mileage, you must keep a record of your driving. If not, you still need to maintain a mileage log as documentation to deduct the standard rate mileage allowance on your taxes.
Get a mileage log. Each time your employer makes you use your vehicle at work, record the starting and ending odometer readings along with the date.
Write down where you drive and the reason for the trip. Make a note of the odometer readings on the first day and the last day of each year that you use your vehicle for work-related driving.
References 2 Turbo Tax: He writes about business, personal finance and careers. He became a member of the Society of Professional Journalists in Find great deals on eBay for mind your own business plant. Shop with confidence.
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