Creating Cash Flow With Your Car Expenses

Trying to figure out the best way to deduct your vehicle expenses? Here, Jeff Trapp explains the different routes you can take when it comes to vehicle expenses and provides examples of how each strategy can work in your favor. Tune in to hear which could work best for your situation. UPDATE: Since this podcast was recorded the IRS has updated its mileage rate to 62.5 cents per mile beginning July 1, 2022.  To track your mileage you can get 50% off a QuickBooks Online at https://quickbooks.grsm.io/jefftrapppodcast. Get 75% off of our tax savings master course with the code PODCAST2022 when you sign up at https://www.taxsavingsmastercourse.com/. The Jeff Trapp podcast is sponsored by The Tax Planning Pros which helps entrepreneurs save $15K-$100K plus each year on taxes and create additional cash flow! For more information visit https://thetaxplanningpros.com/.