MileageWise Bloglaw

Can I Switch From Actual Expenses to Standard Mileage?

June 13, 2022 Using a car for business generates a significant amount of expenses for those who drive their vehicle to create revenue, leaving many wondering how to deduct mileage on taxes. The Internal Revenue Service (IRS) offers 2 ways to calculate how much you can deduct from those expenditures each tax year - these…

IRS Increases Business Mileage Rate

June 10, 2022 The IRS has just announced a mid-year business mileage rate adjustment for the final 6 months of 2022. The new federal business mileage rate will be 62.5 cents per mile, which is a 4-cent increase from the rate of 58.5 cents that will be in force until June 31, 2022. Why is…

Best Apps to Keep Track of Mileage

How to keep track of mileage for taxes This question keeps popping up among those who drive a vehicle for business trips and plan to file business mileage tax deductions to the IRS in order to write off their car-related business expenses after each tax year. It would be easier to start with “how not…

MileageWise has passed the IT-security exam with an A+

February 1, 2022 IT security is becoming increasingly important in every website and software. Cyber ​​protection is a strategy to safeguard against threats to individuals, companies, institutions, and governments. It also plays a big role in the life of MileageWise mileage logging software, we pay maximum attention to it. MileageWise attaches great importance to the…

IRS Doubles Workforce?

October 14, 2021 The IRS will bring in much more revenue if Congress agrees to the Biden administration’s request to increase the agency’s budget over the next decade. Will it increase the number of IRS audits? How is it going to affect your financial status? Officers Reinforced In a report issued recently, the Congressional Budget…