business travel | Connolly Steele

ConnollySteele

Oct 10, 20222 min read

What local transportation costs can your business deduct?

You and your small business are likely to incur a variety of local transportation costs each year. There are various tax implications for...

ConnollySteele

Jun 28, 20223 min read

Vehicle expenses: Can individual taxpayers deduct them?

It’s not just businesses that can deduct vehicle-related expenses on their tax returns. Individuals also can deduct them in certain...

ConnollySteele

Jun 22, 20222 min read

Businesses will soon be able to deduct more under the standard mileage rate

Business owners are aware that the price of gas is historically high, which has made their vehicle costs soar. The average nationwide...

ConnollySteele

Dec 27, 20212 min read

Will the standard business mileage rate go up in 2022? Yes!

After two years of no increases, the optional standard mileage rate used to calculate the deductible cost of operating an automobile for...

ConnollySteele

Dec 6, 20213 min read

The tax implications of owning a corporate aircraft

If your business is successful and you do a lot of business travel, you may have considered buying a corporate aircraft. Of course, there...

1010 ohio river boulevard pittsburgh, pa 15202 | 412.761.9180