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 as somebody…
Last updated: January 16, 2025 Managing work-related travel expenses is a significant concern for many employees and employers alike. One common solution is the car allowance, a financial perk designed to cover the costs of using a personal vehicle for business purposes. But what exactly is a car allowance, and how does it work? This…
Introduction If you drive a car for business, you could be eligible to claim the expenses on your federal income tax return. Therefore, whether you're a mobile financial planner who travels to clients all over the place or a DoorDash driver who delivers meals, you may write off the miles you rack up while operating…
Ever felt nervous about a possible IRS mileage audit?You'll never have to worry about it again: MileageWise has got your back!This post serves as a 20% OFF coupon for our Mileage Log Tax Preparation Service, during which we'll rebuild your deficient in case of an IRS audit - helping you avoid an enormous IRS fine.Also,…
Would you like to save your mileage log as an Excel file?From now on, you’re able to do it in MileageWise! In addition to the PDF format, you can now also save your completed mileage log in XLSX and CSV extensions for Excel or Google Sheets.When reviewing your print-ready document, you will find the various…