Mileage Deductions – The Burns Firm – Advisors of Complex Financial Matters

Can Partners Deduct Expenses They Pay?

October 13th, 2026|Categories: Accountant, accountant near me, Burns Firm, Business, Business Expense Deductions, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, Dallas tax return preparer, Dallas tx accountant, Expenses, Home Office, Home Office Deduction, Home Office Expenses, Meals & Entertainment Deductions, Mileage Deductions, Partnership, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Deductions, Tax Rules, Texas CPA, The Burns Firm|Tags: Can Partners Deduct Expenses They Pay, CPA, cpa near me, Dallas CPA, expenses, Expenses and Your Partnership in a Business, Partner in a Business, Partnership, tax, tax accountant, tax advisor, The Burns Firm|

If you own a business taxed as a partnership, you may occasionally pay work-related expenses out of pocket. This raises a common question: Can you deduct those payments on your [...]

IRS Revs Up Standard Mileage Rates for the Second Half of 2026

July 22nd, 2026|Categories: Accountant, accountant near me, Burns Firm, Business, Business Automobile, Business Mileage Rate, Business Tax Planning, Business Vehicle, CPA, CPA Dallas, CPA near me, Dallas CPA, Mileage Deductions, Services, Small Business, Tax, tax accountant, Tax Advisor, Tax Deductions, Tax Preparation, tax preparer near me, Texas CPA, The Burns Firm|Tags: CPA, cpa near me, Dallas CPA, IRS Mileage Rate 2026, Midyear Mileage Rate Adjusted by IRS, Mileage Rate, Mileage Rates for Business Vehicle in 2026, tax, tax advisor, tax preparer, Texas CPA, The Burns Firm, Two Mileage Rates for 2026|

The IRS recently announced an increase in the optional standard mileage rate for business vehicle use for the second half of 2026. The adjustment reflects higher fuel costs this [...]

Are You Eligible for Mileage Deductions?

April 2nd, 2026|Categories: Accountant, accountant near me, Burns Firm, Business Deductions, Business Mileage Rate, Business Vehicle, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, Dallas tax return preparer, Dallas tx accountant, Deductions, Mileage Deductions, OBBBA, One Big Beautiful Bill Act, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Deductions, tax write-offs, Texas CPA, The Burns Firm, Vehicle Deductions, Vehicle Expenses|Tags: CPA, cpa near me, Dallas CPA, Mileage Deduction Rates, Mileage Deductions, OBBBA, tax, tax advisor, tax deductions, The Burns Firm, Vehicle-related Expenses, What is Eligible for Mileage Deductions|

Whether you’re filing your 2025 individual income tax return or planning for 2026, it’s important to know if you can deduct vehicle-related expenses. A change that was made permanent by [...]