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Eyes Wide Open

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Reply with quote  #1 
Is it true, that after this year, we will no longer be able to deduct our millage as a business expense? Has anyone talked to their tax guy about this yet?
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Sidney

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Reply with quote  #2 
Looks like the deduction is gone, here is an article taking a look at the changes.



https://www.fool.com/taxes/2018/01/18/your-complete-guide-to-the-2018-tax-changes.aspx

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outwest

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Reply with quote  #3 
My tax guy said if we are classified as a statutory employee we can still claim unreimbursed business expenses. Hence my question on W2's. I have been audited twice in the past over mileage. Both times I was told I should be classified as statutory and my mileage would not have been questioned.
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Eyes Wide Open

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Reply with quote  #4 
From What I am seeing-it  looks like the deduction will not be available at all when filling 2018 taxes. How much do you think it costs to use your car-all in gas, depreciation, oil changes, tires, repairs?
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itzakadoozie

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Reply with quote  #5 
Not getting mileage written off will mean sales reps will be sitting on their couches, taking orders. That sucks.
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Sidney

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Reply with quote  #6 
Under the new commission plan at US Foods TM's are paid mileage as part of the plan.
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Foodrumorref

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Posts: 13
Reply with quote  #7 
I am also hearing that we will no longer be able to claim home office next year? If this is true this will effect many a Regional, Broker, etc. I hope this is a mistake?
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DENFOODIE

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Reply with quote  #8 
That's correct. No mileage or home office claims. The new tax plan that was passed changed all this,
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