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Old May 5, 2006 | 9:20 am
  #214  
dhuey
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Originally Posted by dave209
The 2.49% fee charged is consider a business expense if paying business tax and thus a write off and since miles aren't taxed by the IRS you are fee to use your miles for personal travel. Thus depending on what tax bracket your in minus that amount from the cost of your miles... Make sense?
It makes sense to me, but that doesn't mean the IRS won't challege it as not being an actual and necessary business expense. Of course, that would only happen in an audit, which is very unlikely for most people.
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