The Real Estate Investor's Magazine
Ken Koenen's Blog – December 2015 Archive (1)
Tax Tip for 2015-2016
If you are self employed and use your automobile frequently in your profession, this is the time to take a simple step toward audit proofing your tax return.
If you undergo an audit and have taken a deduction for the use of your car, whether the per mile basis or the actual expense basis, you will be required to prove your starting and ending mileage for the year.
A simple way to do this is to go out and get your oil changed during the lase few days of 2015 or the first few…
ContinueAdded by Ken Koenen on December 31, 2015 at 11:13am — No Comments
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