WROC Rochester First
CPA Dave Young discussed some tax tips for small business owners Monday on News 8 at Sunrise. Here's a look at Young's suggestions: 1. Get the most out of your auto/gas deduction - The government lets you deduct business-related car expenses, which you can calculate using two different methods. Try both to determine which gives you a larger deduction. Standard method: in 2015 it's 57.5 cents per business mile, plus tolls and parking.