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Case Study #4: Company mistakes in 2023

Last updated on: January 2, 2023 The goal of our new Case Study series is to educate our users about some common tax-related topics. We wanted to start with the not-so-fortunate cases. So that we can move on to the good practices later to show how much easier it is to claim a tax deduction…

Case Study #3: Incorrectly tracked miles

May 27, 2020 The goal of our new Case Study series is to educate our users about some common tax-related topics. We wanted to start with the not-so-fortunate cases. So that we can move on to the good practices later to show how much easier it is to claim a tax deduction by keeping and/or…

Case Study #2: False recollection of personal miles

May 19, 2020 The goal of our new Case Study series is to educate our users about some common tax-related topics. We wanted to start with the not-so-fortunate cases. So that we can move on to the good practices later to show how much easier it is to claim a tax deduction by keeping and/or…

The perks of owning an electric car in 2023

Last updated on: January 2, 2023 A lot of us dream of owning a Tesla. Oh, the gas we would save with it, oh the environmental impact it would have. The extra functions, the little corky dance that Elon Musk has programmed and hid in the car's inner wirings. Of course, there are other perks…

2020 IRS Business Mileage Rate

January 6, 2020 The Internal Revenue Service (IRS) has announced the 2020 business mileage standard rate of 57.5 cents. This applies to miles driven starting January 1, 2020. The reasons behind the decrease (as in 2019 the standard mileage rate was 58 cents) are the following: National average fuel prices have dropped. This resulted however in…