How to Deduct Vehicle Expenses for an S Corporation in California: Mileage vs. Actual Costs in 2026
California S corporations can deduct business vehicle use in 2026 using either the IRS standard mileage rate (67¢ per mile in 2024, subject to IRS annual update) or the actual-expense method, but the “best” method depends on records and total costs. In California, the tax outcome also hinges on how the S corporation reimburses the […]