Aidon/Photodisc/Getty Images. Learning the reporting requirements for mileage reimbursement will help you stay in compliance with IRS rules concerning business deductions. You can use the standard mileage rate for passenger vehicles, vans, sports utility vehicles, pickups or panel trucks.n future years, you can choose either mileage or actual car expenses to calculate your transportation deductions. If you do not use the standard mileage rate in the first year, you must always use actual car expenses to calculate your deductions.
Even though lipids is the correct scientific term for describing both fats and cholesterol, it's fairly common for people to say fats when they actually mean lipids.. So from this perspective, we think it would be fine to say that cholesterol is a type of fat. Cholesterol is a very unique type of fat, however.ot only does it have chemical rings in its structure, but these ring structures have to occur in a very particular configuration. It's fairly complicated for our bodies to make this unique type of fat. In a practical, dietary sense, there is one very basic difference between cholesterol and other fats.
Lipids are one of the four major groups of organic molecules; the other three being proteins, nucleic acids (DNA), and carbohydrates (sugars). Lipids are made up of the same elements as carbohydrates: carbon, hydrogen, and oxygen.ipids and Fats. 1  What are fats? 2  Fats are composed of a glycerol molecule and three fatty acid molecules. 3  Are all fats bad? 4  No, as a matter of fact, fats are needed by our bodies to be healthy. 5  Types of Fats. 6  There are two main types of fats: saturated fats and unsaturated fats. 7  Saturated Fats-Saturated fats are solids at room temperature. 8  Unsaturat