Financial Dashboard

January 1, 2025 - June 14, 2025

Total Income

$0

Total Expenses

$0

Net Profit

$0

Mileage Deduction

$0

Income vs Expenses

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Tax Deductions Summary

Mileage

$0

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0 km total ($0 tax deduction)

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Mileage Tax Deduction Information
The IRS allows business owners to deduct the cost of using a personal vehicle for business purposes. For 2024, the standard mileage rate is 70 cents per mile driven for business use.
Eligible Business Drives Include:
  • Driving to meet clients or vendors
  • Traveling between work sites
  • Running business errands
  • Driving to business conferences or meetings

Estimated Tax Deductions

January 1, 2025 - June 14, 2025

$0

Mileage

$0

Tax Disclaimer
This tax information is provided for general guidance only and does not constitute tax advice. Please consult with a tax professional for advice specific to your situation.
Common Business Deductions