If you're a business owner or self-employed individual who uses your personal vehicle for work purposes, keeping an accurate record of your mileage is crucial. Not only can such current mileage management systems help you maximize your tax deductions, but they can also provide an added layer of protection in case of an audit. And…
Last updated: April 26, 2023 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…
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…
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…
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…
21312Customers 
28338Cars 
0Tax penalties 
210Their monthly saved minutes