[ad_1] Small enterprise homeowners could use their private autos for enterprise driving. That is completely advisable from a cost-saving perspective, and it’s permissible for tax functions too. The one catch: with a view to deduct the price of enterprise driving, that you must substantiate enterprise use of the car. The tax guidelines are very strict on what this implies. There’s a proper method and a incorrect technique to do it.Data should be contemporaneousThis implies required data should be famous in a logbook, app, or different document at or close to the time of every enterprise journey within the car. In…
