Oct 17, 2021Both the number of IRS auditors and audits are going to increase in the future, as well as the taxes. Moreover, if you make a mistake in your mileage log, you can get penalized for it. What if you had a bulletproof tool in your inventory to defend your business? Automation is the…
Last updated: January 6th, 2025Did you know that American taxpayers fell short of $1 billion in refunds because they didn't file their tax returns for the year 2020? If you drive a car for a business purpose, there’s a good chance you are eligible for a mileage tax deduction on your federal income tax return,…
April 22, 2021Under President Joe Biden’s new proposed tax plan tax rates for individuals whose income is $400,000 and higher would increase while corporations would also be subject to a new minimum tax on book income. The Social Security tax would be extended to higher income levels and the estate tax exemption would be reduced…
Last updated on December 14, 2023MileageWise Inc. offers quite a unique approach to Mileage logging especially when it comes to Past Mileage Recovery. Whether you are facing an unexpected IRS Audit or just want to claim Past Mileage on your taxes (as you can claim Mileage for 3 years retrospectively) Retrospective Mileage Recovery is a game…
February 28, 2021The benefits of a Gig job are obvious, with flexibility probably being the biggest one. You can work for multiple companies at the same time, and by doing so you can optimize your working hours and your income. In today’s economic situation, the interest in taking a Gig job has only grown. During…
