MileageWise BlogTips, tricks, information about mileage logging straight from the CEO

Tax Preparation Service – Specialized in Mileage Logs

Last updated on February 28, 2024  Embarking on the journey of tax preparation can often feel like navigating through a labyrinth, especially for those juggling multiple roles such as independent contractors, freelancers, and business owners. Let's dive into the essentials of managing taxes effectively, highlighting tools and strategies that can make this process as smooth…

Tracking Personal Miles: Why It’s Crucial For Mileage Deductions

When it comes to tracking your mileage for tax purposes, it's not just about keeping track of the miles you drive for business purposes - it is also paramount to log your personal miles. This includes any miles driven for personal reasons, such as commuting or running errands. In this article, you can find your…

Contemporaneous Mileage Log: Max Out Tax Savings

Last updated on: October 24, 2023  If you're a business owner or self-employed individual who uses your personal vehicle for work purposes, keeping an accurate record of your mileage is crucial. Not only can such current mileage management systems help you maximize your tax deductions, but they can also provide an added layer of protection…

IRS Publication 463: Car-Related Business Expenses & Deductions

Last updated on October 18, 2023  IRS's Publication 463 describes what costs are deductible, how to include them on your tax return, what documents you need to show your expenses, and how to handle any refunds you could get for your expenses. In this article, we've collected the most essential information you need to know…

Mileage Tracker – The Ultimate Guide to Tracking Your Mileage

Last updated on April 17, 2024 As our lives get more mobile, keeping track of mileage is more important than ever. Route planning and taking care of your business mileage for tax returns will help you save time, money, and stress. In this article, I’ll talk about the many reasons why you (whether you’re an…