Bookkeeping FAQs

Below are Frequently Asked Questions (FAQs) which I get asked by my clients. Check back often to see what new questions and answers are added over time.

What is the 2022 mileage reimbursement rate?

58.5 cents per mile from January 1st to June 30th and 62.5 cents per mile from July 1st to December 31st

Can I deduct gas if I'm an Uber driver?

It is more advantageous to use the standard mileage deduction than actual gas expenses

Can I deduct Uber transaction fees?

Transaction fees are deductible, along with other expenses that include dash cams, car signage, etc.

Is active duty military pay taxable if earned out of state?

You do not have to pay state or local taxes if you earned this income outside of your home state.

Are Union Dues deductible?

Union Dues are deductible on state and local tax returns.

Can I deduct my home office expenses?

Home Office expenses are deductible only if you are self-employed.

Are business meals deductible?

In 2022, meals are 100% deductible for businesses and self-employed individuals.

Did You Know...

There was a change to the meal deduction for 2022

Prior to 2021, you could only deduct 50% of business meals. For 2021 and 2022, you can deduct 100% of business meals.