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Baytown Sun in Baytown, Texas

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Articles on This Page

This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Baytown Sun

Location

Baytown, Texas, United States of America

Date

Jan 09, 1972

Page

5

The Joys of Being An Outside Salesman

Fortunate are those who qualify as outside salesmen for income tax purposes. They may deduct transportation and travel expenses as an adjustment to income and may itemize or take the standard deduction. The article outlines eligible costs including automobile, travel, meals, lodging, tips, gifts to customers up to 25 dollars, and related expenses with rules on what is deductible as an adjustment versus miscellaneous.

Auto Clus

Business driving deduction methods described

The article explains two ways to deduct business driving. One uses the percentage of total mileage spent on business to determine deductible car expenses. The other allows a standard rate of 12 cents per mile up to 15 000 miles and 9 cents for miles beyond that, plus the deduction for parking fees and tolls linked to business driving.

Spaper Enterprise Assn

Also Mentioned on This Page

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