As with the minimum wage increase, New York is staging benefit increases, beginning with 50 percent of an employeeâs average weekly wage, capped to 50 percent of the statewide average weekly wage. The average weekly wage will increase to 67 percent by 2021, with a 67 percent cap.
2. Calculate your business mileage. Mileage deducted for business purposes includes travel to clients or customers, going to a business meeting away from a regular workplace, going to a temporary workplace if you have a regular place of work or traveling among several offices within a region.. Calculate your total at the end of the year. Multiply the total number of miles traveled throughout the year by the mileage rate for each category. For instance, you may deduct 14 cents per mile when working for charitable organizations and 57.5 cents per mile traveled for business.
1 You must keep a mileage log. 2  Claim only the portion of actual expenses equal to the percentage of miles driven for business purposes. 3  For instance, if 80 percent of the carâs mileage was business-related, you may deduct 80 percent of operating expenses.