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Is Mileage Still Deductible?

Is Mileage Still Deductible in 2019, 2020?

is mileage tax deductible

Mileage is a common deduction for those using their personal vehicles for business. The IRS is providing a bonus this year as the standard mileage deduction has gone up by 3.5 cents to 58 cents per mile.

For anyone using their vehicles for business purposes, this is huge. … Read the rest

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What is the Child Tax Credit and Additional Child Tax Credit?

Do you have one or more children who are under 17 living with you throughout the year? Then you may be able to get a big refund through the Child Tax Credit on your tax return this coming tax year.

If you can’t get this credit, then you could get the Additional Child Tax Credit … Read the rest