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Documenting business travel expenses causes administrative headaches for employers and employees alike. Typically, employees are required to collect receipts as they travel, noting the time, place and business purpose of each expenditure. They then must submit monthly expense...

Rather than keeping track of the actual cost of operating a vehicle, employees and self-employed taxpayers can use standard mileage rates to compute their deduction related to using a vehicle for business. Likewise, standard mileage rates are available for computing the deduction...

The IRS has issued the 2015 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Background: If you use a vehicle for business driving, you can generally deduct the actual expenses...