How to save on your taxes with automobile logs

One of the most vexatious—and most audited—provisions on your income tax return is the claim for automobile expenses. Why? Keeping an auto log is necessary to identify the personal versus business use of the vehicle, if you use it for both purposes. Here’s how to be ready for that inevitable day when a Canada Revenue Agency (CRA) request for justification comes along. Who can make a claim for auto expense deductions?Self-employed individuals who file a T1 return as proprie