I am recently self employed and know I can use mileage as a tax deduction. For those of you who do this do I need to keep track of both personal and business related trips in my mileage notebook I keep in the car?
Say I take the kids to swimming lessons and bring my laptop to work while they take the lesson is that mileage deducted too?
I've also read that if I need to go somewhere not business related I could make a stop at the post office or bank (for work related stuff) and then deduct the whole trip as business.
Am I correct? Any other tips to get the most out of this tax write-off? I plan on leasing a vehicle soon can I write off my leased vehicle along with car related expenses (insurance, maintenance) in the percentage I use the car for work?
Thanks in advance for the replies:megusta: