Using current mileage rates as a self-employed person As a self-employed individual, you can use standard mileage rates to calculate tax deductions for business use of your vehicle.As in the case of businesses, it includes all sorts of client meetings, site visits, or any travel directly rela...
As discussed in other areas of this guide, every year new mileage rates come out. These rates, set by the Internal Revenue Service (IRS), serve as a benchmark for calculating vehicle-related expenses incurred while using a car for business, medical, moving, or charitable purposes. ...