Car Expenses

2013 Standard Mileage Rate Announced

The IRS has announced that the 2013 standard mileage rate will be $.565 per mile for business trips. The 2012 standard mileage rate is $.555 for such trips. Family child care providers using this standard mileage method may also deduct the following… Read More ›

Should You Lease or Buy a Car?

The answer is clear: if you want to spend less money on transportation over the long run, buy a car rather than lease one. So why do some family child care providers lease? Leasing upfront costs are lower and leases… Read More ›