How to Calculate Gas Mileage: Thankfully it’s not that hard to figure out, and involves a few simple calculations. With the rising cost of gas and the proliferation of new automobile technologies, it’s important to understand just how much that gas-pow
Include more than fuel in annual cost-per-mile calculations to find out how much it actually costs to drive a mile. Start with your current vehicle, and then use this information to compare annual costs for a newer or more efficient vehicle. You can also use cost-per-mile information to ...
Knowing how tocalculate mileage costrequires you to generate mileage expenses. Not only is this vital for coming up with an accurate figure, but it will also be needed in the event you receive an IRS audit. Calculate mileage expenses by picking out qualifying costs. Any travel from the office...
Gas Oil Repairs Tires Insurance Registration fees Licenses Depreciation Lease payments When you record what you spend on the above expenses, also include the date and a description of the costs. How to calculate your actual expenses for business To calculate actual expenses, figure out what percenta...
The mileage allowance is a tax deduction set by the IRS that allows you to deduct a fixed amount per mile driven for business, medical, charitable, or certain moving purposes. This allowance is updated annually and is designed to help taxpayers cover the cost of operating their personal vehicle...
The second stepis to figure out how many calories you need in a day. You can use the "12 calories per pound" rule, or you can get more precise by looking at the formulas inHow Calories Work. Pick your "ideal weight" -- the weight that you would like to maintain. Then calculate ho...
. Pressure that's 3 pounds per square inch (psi) below the recommended reading may reduce gas mileage by 1.5 percent. Some experts suggest even greater decreases. The Environmental Protection Agency (EPA) warns that running tires at 20 psi or lower can easily cost you a full mile per ...
To figure the fuel surcharge percentage, you must calculate the average cost per gallon. Add up the total fuel costs for the trip and divide that by the total gallons bought. For example, if you pay $3,890 for 1,000 gallons of diesel, you get an average per gallon cost of $3.89. ...
When calculating the cost to fuel a gas-powered vehicle, you likely think of miles per gallon (MPG). For instance, if your car averages 20 miles per gallon and gas prices are $4 per gallon, then it costs you 20 cents per mile. Thus, if you travel 300 miles it costs $60 in gas...
Helicopters, fuel, equipment and manpower all figure into the expense of a SAR mission. This expense is passed along to U.S. taxpayers. In the case of U.S. Military SAR, the federal government picks up the tab, which of course comes from taxpayers as well. Only three states currently ...