Business Use of Home Expenses Some expenses are deductible whether or not you use your home for business. Others are deductible only if the home is used for business. Deductible Regardless Real estate taxes* Mortgage interest* Casualty losses* Qualified mortgage...
The Internal Revenue Service has issued the 2019 optional standard mileage rates to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning Jan. 1, new standard mileage rates for the use of a car (also...
