If you own a small business and regularly put miles on your vehicle for business purposes — or even if you are an employee at someone else’s business and use your vehicle for regular business trips — you should be claiming those miles on your tax returns. But you must be able to prove every mile driven to the IRS, or else you’ll face potential hefty penalties.
Should you take the deduction for business mileage on your
taxes, be ready to prove your mileage in the event of an audit. The IRS accepts
proof in two forms: a daily log kept by you, as long as it has lots of
information, or a mileage app that does the admin work for you.
If you’re creating a log of your business mileage, keep a
journal in your car and immediately log each trip after the drive. You will
need to include the date, your odometer reading at the start and end of the journey,
along with the number of miles you’ve driven, and the business reason for the
trip. It is also helpful to include the starting address and the destination
If you would rather rely on your smartphone, you can download one of several business apps for such a purpose. Many apps even let you log your personal and business miles separately. At Tropical Ford, you can find a massive selection of fleet vehicles to suit all of your small business needs.
Have you been dreaming of driving your own 2020 Mustang Shelby GT500? The time has come to make that dream more tangible by configuring your ideal model using the new GT500 configurator launched on Ford’s site.
By using the 2020 Ford Mustang Shelby GT500 configurator
online, you’ll be able to play around with different design elements, like
color and stripes, as well as tack on different packages. You’ll then get the
price for the specific Mustang you’ve designed.
For 2020, the colors include Ford Performance Blue, Grabber
Lime, Iconic Silver, Kona Blue, Magnetic, Oxford White, Race Red, Rapid Red,
Shadow Black, Twister Orange, and Velocity Blue. Rapid Red and Twister Orange
come at additional costs. You can also add a painted black roof and/or tape
side stripes in either Ebony, Kona Blue, or Bright White. For an additional
fee, you can get racing stripes in either Kona Blue, Oxford White, or Absolute
The Ford Mustang Shelby GT500 is available with a few
packages: the Carbon Fiber Track Pack adds multiple exposed carbon fiber
elements and gets ride of the rear seat; the Handling Pack, which can’t be purchased
alongside the Carbon Fiber Track Pack, adds a couple of features, including the
Gurney flap rear spoiler. For advanced interior tech, go with the Technology
Want to see the 2020 Mustang in real life? Take it for a test drive at Tropical Ford.