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If you use your personal vehicle for business, deducting the standard mileage rate on your tax return is usually more beneficial than paying for actual vehicle expenses throughout the year. Even if you use your personal funds for business expenses, those expenses are legitimate tax deductions. Update your mileage log.
The San Francisco-based payments company was founded in 2012, but only recently did the company begin focusing more on their small business platform. Finally, Plastiq will charge your credit card for the transaction, plus a 2.5% fee per transaction to cover the convenience of letting you use a credit card. processing fee.
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