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

MileIQ vs. Everlance: Which App is Better?

December 14, 2023 In today's fast-paced world, effective mileage tracking is essential for both individuals and businesses. With a myriad of apps available, choosing the right one can significantly impact your tax deductions and reimbursements.This article delves into a comprehensive comparison of two leading mileage tracking apps: MileIQ, Everlance, and then, in its closing section, MileageWise…

The Ultimate Tax Preparation Checklist for 2024

Last updated: April 30, 2024 Whether you're a seasoned filer or a first-timer, the thought of tax season often brings a mix of apprehension and uncertainty. But fear not! This comprehensive guide is your beacon through the maze of tax codes and IRS guidelines.We're not just going to walk you through the essentials of tax preparation;…

Maximizing Your Deductions: A Guide to the IRS Mileage Log

December 12, 2023  Welcome to the world of mileage tracking - a crucial aspect for anyone seeking to optimize their tax deductions. Whether you're a freelancer, a small business owner, or an employee with work-related travel, understanding how to accurately log your miles for IRS purposes is essential. This comprehensive guide is your roadmap to…

10+1 Best Small Business Tax Tips

December 11, 2023  Navigating the complex world of taxes can be a daunting task for small business owners. However, effective tax advice and utilizing tax saving strategies can significantly reduce your tax bill and optimize your business's financial health. Here's a look at 10 essential tax tips for small business owners to help you save…

3 Challenges of Tracking Mileage For Your Employees

December 6, 2023  Mileage tracking is a challenge for companies with a mobile workforce. Travel expense fraud is quite common, and some employees exploit the system for personal gain. In addition to financial loss, there are compliance and tax implications to consider. Authority audits could lead to penalties. Finally, an administrative cost in the form…