Chauffeurs are discreet, professional, and punctual — but do you apply that same level of care to your taxes? Too often, the easy ways you can save money at tax time are driven right by, unnoticed.
As a freelance chauffeur, you’re entitled to write off the everyday sort of expenses you run up during your shift. Whether it’s car wash supplies or tolls, simply claiming these purchases will apply the brakes to your tax bill, slowing down the speed at which you give your hard-earned cash to the IRS. Save enough money, and you might even be able to hire someone to drive you around!
If you drive for work ...
If you are driving to pick up clients or to get your car serviced or repaired, you can deduct some of those driving-related expenses.Keep in mind: people who drive a lot for work, like chauffeurs, can end up saving more money if you track miles instead of actual car expenses.
Parking for a meeting downtown, or any other work trip, is tax-deductible!
A toll while driving to or from a work destination is tax-deductible!
Car purchase & depreciation
If you buy a new car, you can write off part of the cost every year for five years.
Flashlights, tire iron, duct tape, and other tools you may need in your vehicle are deductible.
Car insurance & registration
Car insurance monthly fees, registration, even roadside assistance are partially deductible.
Oil changes, repairs, and regular checkups are all tax-deductible if you drive for work.
If you leave town for work ...
If you have to travel out of town for work, the IRS lets you write off travel expenses.
For example, if you have to drive clients out of town and need to book overnight lodging, or if you plan to attend an industry conference to network with chauffeur staffing companies.
Planes, trains, and car rentals are all work-related travel costs that can be written off.
When you travel for work, lodging expenses such as hotel rooms or Airbnb are write offs.
When you're traveling for work, all meals are tax-deductible. Even takeout!
If you work from home ...
If you have a designated workspace at home where you spend time on things like marketing your services, client development, or managing finances and paperwork, you can claim a portion of your home office expenses on your taxes.
A desk, chairs, lamps, and other home office necessities are all tax write-offs.
You can write off up to $2,500 for individual repairs to your property.
Gotta keep the lights on in your home office! A portion of your electricity bill counts.
Whether it's rental or homeowners insurance, you can write off a portion through your home office deduction.
It'd be hard to work in an office without running water, huh? You water bill counts.
Your Comcast bill is a tax write-off. You need internet to do your job!