Comments on: Can I write off my personal car? http://smallbusiness.blogs.cnnmoney.cnn.com/2008/06/10/can-i-write-off-my-personal-car/ Editors from FSB magazine answer your pressing small-business questions. Tue, 15 Dec 2009 12:52:55 +0000 http://wordpress.com/ hourly 1 By: Tom Durkin Kirkland, Wa http://smallbusiness.blogs.cnnmoney.cnn.com/2008/06/10/can-i-write-off-my-personal-car/#comment-923 Tom Durkin Kirkland, Wa Wed, 24 Sep 2008 13:50:27 +0000 http://askfsb.wordpress.com/?p=343#comment-923 Your mileage rate is incorrect for business use of your personal vehicle. Starting July 1 the IRS rate is 58.5 cents/mile. This is up from your quoted 50.5 cents which is only for the first 6 months of '08 Your mileage rate is incorrect for business use of your personal vehicle. Starting July 1 the IRS rate is 58.5 cents/mile. This is up from your quoted 50.5 cents which is only for the first 6 months of '08

]]> By: CPA, Sioux City, IA http://smallbusiness.blogs.cnnmoney.cnn.com/2008/06/10/can-i-write-off-my-personal-car/#comment-922 CPA, Sioux City, IA Tue, 23 Sep 2008 19:07:55 +0000 http://askfsb.wordpress.com/?p=343#comment-922 Be sure not to confusing commuting with business driving. “[The drive from] home to work and work to home is not deductible,” says California CPA Bob Weinberg. “If you’re an outside sales person and you’re seeing nine customers a day, the first and last trips to clients from and to your home are not deductible miles, but everything in between is.” THE PROPER ANSWER IS: For Outside sales people with qualified home office- ALL miles driven to see clients are unreimbursed expenses for Form 2106, including the mileage to the FIRST client and home from the LAST client. Please do better research before telling readers they cannot deduct the first and last trips of the day. Be sure not to confusing commuting with business driving. “[The drive from] home to work and work to home is not deductible,” says California CPA Bob Weinberg. “If you’re an outside sales person and you’re seeing nine customers a day, the first and last trips to clients from and to your home are not deductible miles, but everything in between is.”

THE PROPER ANSWER IS:
For Outside sales people with qualified home office-
ALL miles driven to see clients are unreimbursed expenses for Form 2106, including the mileage to the FIRST client and home from the LAST client. Please do better research before telling readers they cannot deduct the first and last trips of the day.

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