MileageWise BlogIRS

Keeping a mileage log has never been easier

July 26, 2019 MileageWise can bring fundamental changes for your business when it comes to claiming a tax deduction on your car expenses. The complex administration is the number one reason that keeps people from maintaining a mileage log. But if you do not keep a mileage log you may not even realize that you…

4 tips to get an 80-100% business use ratio easily and legally

Last updated on June 10, 2022 Any mileage driven with a vehicle for Business purposes is eligible for either Mileage Deduction or Mileage Reimbursement. Business Mileage Deduction can be claimed if a taxpayer uses a vehicle for Business purposes. Mileage Reimbursement is when an employer compensates an employee for the work-related miles they drive with…