Every small-business owner appreciates tax breaks where he can get them, especially if he uses his vehicle for company purposes. Certain Internal Revenue Service restrictions and the cost of using ...

A modern car’s analog speedometer. Mileage reimbursement is the process of compensating employees who use their personal vehicle for business purposes. It helps cover car-related expenses like gas, ...

The federal government classifies the cost of the business use of vehicles as a deductible business expense. The Internal Revenue Service authorizes a standard mileage allowance rate for businesses ...

An employee may use their personal car for business travel purposes, and the university will reimburse employees at the prevailing rate per mile. The mileage reimbursement on a privately-owned vehicle ...