MileageWise Blog

mileage log

Excel Mileage Log Vs. MileageWise: The Digital Showdown

Last updated: October 24, 2023  Oh, the Excel mileage log! It’s the little black dress of business management, ain’t it? Or so you might think. Now, if you’re a small business owner or a gig worker, you’ve probably encountered the siren song of Excel as your knight in shining armor. You might think, “What’s not to love about a free Excel mileage log? Downloadable, editable, and reeking of professionalism.” Well, hold onto your hats, because we’re about to turn that idea on its head. Excel Mileage Log: The Good, The

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MileageWise to the Rescue: Navigating the Company Mileage Log

Last Updated: October 7, 2024 Hey there, fellow road warriors and mileage enthusiasts! Are you tired of the endless paperwork, scribbling down mileage figures on crumpled receipts, and trying to decipher your own chicken scratch? Well, buckle up and fasten your seatbelts because we’re about to embark on a journey that will revolutionize the way you keep track of your company mileage log. In this rollicking ride of an article, we’ll explore the ins and outs of company mileage logs and unveil the game-changing solution that is MileageWise. So, rev

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Mileage Log Sample

May 31, 2023 MileageWise is here to help you keep track of your vehicle expenses in the most efficient and accurate way. To help you better understand how our system works, we’ve prepared two mileage log samples that showcase both the standard mileage rate and the actual expense methods. These two samples illustrate the different ways MileageWise can help you manage your vehicle expenses. Whether you choose the standard mileage rate or the actual expense method, we’re here to ensure you have accurate, easy-to-read logs for your tax reporting and

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Electronic Mileage Log vs. Paper Mileage Log: The Showdown

Last updated on October 24, 2023  Let’s dive straight into the nitty-gritty. The task of meticulously tracking business mileage for tax deductions is as monotonous as watching paint dry. Manually scribbling down odometer readings, and flipping through tattered paper logs – it’s tedious, to say the least. Enter the Electronic Mileage Log, the game-changing savior for freelancers, gig workers, and small business owners alike. If you’re sitting there, eyebrows raised in skepticism, wondering if this savior is all it’s cracked up to be, you’re in the right place. We’re delving

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Contemporaneous Mileage Log: Max Out Tax Savings

Last Updated: October 24, 2024 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 while there are numerous cutting-edge distance reporting tools for keeping track of your miles, IRS publication 463 recommends keeping a contemporaneous mileage log. However, what happens if you didn’t record

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