January 6, 2021 The Internal Revenue Service (IRS) has announced the 2021 Business Mileage Standard Rate of 56 cents, down 1.5 cents from the rate for 2020. This applies to miles driven starting January 1, 2021. For Medical purposes, the Standard Mileage rate is 16 cents per mile driven. The same applies to Moving purposes…
Last updated on: May 3, 2024Did you know that you have 3 years to file a tax return and claim your refund?For example, the official deadline to claim a 2020 tax refund was April 15, 2024. A tax refund always comes in handy but especially now, during these hard times!One of the most productive ways…
Last updated on: January 18, 2022See why Wise people choose MileageWise! MileageWise TripLog MileIQ Everlance Driversnote SherpaShare Hurdlr Excel User Ratings (Trustpilot) N/A N/A N/A N/A N/A iOS App User Ratings Android App User Ratings Average Possible Business Mileage Deduction $12,000 $6,300 $6,500 $6,500 $6,000 $5,600 $5,600 $200-$2,000 Imports Trips and locations from Google Timeline…
Last updated on: March 13, 2024If you are a business owner or contractor, maintaining accurate business mileage records is crucial for maximizing tax deductions and staying compliant with IRS regulations. However, the process can be time-consuming and fraught with potential errors.Has it ever happened to you that you’ve forgotten to keep mileage records, but at…
August 28, 2020 It is never a pleasant experience to receive an unexpectedly high bill When you use more data than the maximum amount declared in your cell phone plan, you will be charged a fee for the extra data. The amount charged will vary from service provider to service provider and will typically be…