Last Updated: February 3rd, 2025In today’s rapidly evolving world of electric vehicles (EVs), understanding how to properly reimburse mileage is crucial for both employees and employers. The 2025 IRS standard mileage reimbursement rate for electric vehicles (EVs) in the United States is 70 cents per mile for business use, the same rate applied to gas-powered vehicles. This rate accounts…
Last Updated: April 26, 2024Buying real estate is rarely a bad decision. If you purchase a house that requires minor repairs, you'll have an excellent return on your investment. You can renovate it and resell it or rent it out, creating continuous cash flow.But how about its tax purposes?Few know and take advantage of the…
February 5, 2024Imagine you're an ethical hacker. Or a designer working from home. An entertainer working on events as a Disney princess, face painter, a clown, or a mime artist. Or, you're an independent contractor working on several projects at the same time as a consultant. You can be a ride-share driver if you'd like.…
Last updated on: August 19th, 2024Do you have a list of monthly trips from a data source like Excel or Google Timeline, but cannot use them directly as a mileage log? Working with said data sources can be time-consuming, but fear not: Our new feature will quickly become your favorite.With our new feature, by importing…
September 2, 2019 If we outsource one of our tasks to a competent person in a given situation, we tend to blindly believe that if we paid for a service the job is going to be flawless. However, professionals can make mistakes (or maybe they're simply not professionals) and if these problems only come to…