I’m starting my independent business this year. It’s mostly consultant based. I started with the idea some time in May and talked to a prospective client and was just given a date of November as a possible start day with them.
For the time being, I am still keeping my full time job in the public sector.
I began taking some education courses in August to polish up on some subjects for the same line of business. My question is, can my education expenses be deducted? If so, what expenses exactly can I deduct? Is gas or mileage something I can deduct to and from school?
I also plan on purchasing a new vehicle since my client is about an hour away and my current personal vehicle is not good with commutes. This will be a new vehicle which I plan to get an auto loan for. What can I deduct as it relates to this new vehicle?
