seep: he/she/it: seeps: present participle: seeping: past tense: seeped: past participle: seeped
If you lease a new car for use in your business, you will probably be able to deduct the lease payments from your taxes as a business deduction. However, you need to be careful and keep track of all the miles you spend in the car and whether the miles traveled are for business or personal reasons.
Tax Deductible Car Miles-IRS Standard Mileage Rates. It might not be a car, but it's a way to avoid high gas prices and the gas tax! If you are using your car for qualified business, medical, or charitable purposes, you can deduct your vehicle expenses.For a vehicle you own or lease, you can deduct either the actual expenses or the standard rate per mile driven.t might not be a car, but it's a way to avoid high gas prices and the gas tax! If you are using your car for qualified business, medical, or charitable purposes, you can deduct your vehicle expenses. For a vehicle you own or lease, you can deduct either the actual expenses or the standard rate per mile driven.