CHECK THIS OUT PUT $153,507.02 JUST BECAUSE YOU DEDUCTED YOUR BUSINESS MILES Did you know the IRS allows you to write off 56.5 cents ($0.565) per mile driven for business in 2013? Or you can write off the business usage of your vehicle. Real Life Example: If you drove 20 miles a day this year, for business, you would get a $4,124.50 deduction on your taxes! (In the US.) Which can give you a saving of $1237.00 back in your pocket for the year. Divided that by 12 months and you get $103.00 a month back in your pocket. Know take that $103.00 a month saving for the next 30 years and invest it at a rate of 8% and you will earn $153,507.02 over next 30 years. That all based on you just on writing off your business miles. Like this if it make since to you Also Write comments below to tell me if this helped
Posted on: Wed, 21 Aug 2013 05:23:32 +0000
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