Article Date:
December 2017


Word Count:
1114

 

 

Business Mileage: Beware of IRS Assertions of Metropolitan Area


The IRS has ruled that you “may deduct daily transportation expenses incurred in going between your residence and a temporary work location outside the metropolitan area where you live and normally work.”

 

In this favorable ruling, you find two possible impediments:

 

1.

Temporary work location

2.

Metropolitan area

 

You learned last month in Don’t Let IRS Mileage Rules Destroy Your Vehicle Deductions that the “temporary work location” is a location where you realistically expect that the work at this location will, and does in fact, last for one year or less. You also learned that the temporary work location rule applies both inside and outside your metropolitan area.

 

In this article, which is Part 2 in a series of articles on how to create and protect your business miles, you will learn

 

·

why you need to define your metropolitan area,

·

how to define your metropolitan area, and

·

how to totally eliminate the metropolitan area problem. ... Log in to view full article.

Log in to view full article
Already a subscriber?
 
Email Address

 
Password

Log In Send me my password

You'll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter

Not yet a subscriber?
 
with a money-back guarantee