Question
Ryan, a new client or yours, is a self-employed caterer in Mount Olive, NC. Ryan drives his personal van when delivering catered meals to customers.
Ryan, a new client or yours, is a self-employed caterer in Mount Olive, NC. Ryan drives his personal van when delivering catered meals to customers. You have asked him to provide the amount of business miles driven using his vehicle. You are planning on using the standard mileage method to calculate Ryan's deduction for transportation costs. Ryan has responded by saying, " Well, I don't really keep track of my miles. I guess I drove around 5,000 miles last year for the business." What would say to Ryan and can you help him (client letter)? Also, when helping a client you must show your research and present tax authority (IRS Code, Regulation, Court Case, etc.but in this course you can use an IRS Publication) not your textbook!
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