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

What should you do when the IRS comes knocking on your door?

May 31, 2021A recent article in Forbes summarized a lot of our thoughts on IRS Audits. We would like to take the chance and publish it without amendments.According to the Internal Revenue Service (IRS), about 850,000 tax returns were audited for 2015, which was the most recent year for which it’s published data. That is about…

Prepare yourself for more rigorous tax reporting with MileageWise

Last updated on: January 6, 2022It is not widely known what information the IRS has access to in general and what information they are looking for when conducting an IRS Audit (e.g. Mileage). Yet it is worth knowing that the IRS can track down Business expenses and is able to reconstruct a taxpayer's Daily Route…

Biden Tax Plan: Mileage Logs can become Invaluable

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…

Company Mileage Reimbursement – Explained

Last Updated: January 6, 2025As your business grows, you might find it hard to manage tasks. Many employers struggle with company mileage reimbursement. However, helps employees stay compliant and fairly compensates them.In this article, we'll explain company mileage reimbursement laws. Also, we'll show how to use mileage reimbursement programs. By the end, you'll know how…

The Champion Combo of the Mileage Logging Market

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…