Ever felt nervous about a possible IRS mileage audit?You'll never have to worry about it again: MileageWise has got your back!This post serves as a 20% OFF coupon for our Mileage Log Tax Preparation Service, during which we'll rebuild your deficient mileage log in case of an IRS audit - helping you avoid an enormous…
Last updated on October 18, 2023How to keep track of mileage for taxesThis question keeps popping up among those who drive a vehicle for business trips and plan to file business mileage tax deductions to the IRS to write off their car-related business expenses after each tax year.It would be easier to start with “how…
Last updated on October 18, 2023MileageWise Inc. offers quite a unique approach to Mileage logging especially when it comes to Past Mileage Recovery. Whether you are facing an unexpected IRS Audit or just want to claim Past Mileage on your taxes (as you can claim Mileage for 3 years retrospectively) Retrospective Mileage Recovery is a game…
Last updated on: March 27, 2023 According to Publication 463 of the IRS which describes what your Mileage log should consist of: "If you use your car for both business and personal purposes, you must divide your expenses between business and personal use. You can divide your expense based on the miles driven for each…
Last updated on: September 12, 2023 MileageWise has a smart solution to calculate the Mileage of vehicles, making the process easier. The Internal Revenue Service's Standard Mileage Rate in 2023 is 65.5 cents. This rate is used to calculate the deductible costs of operating an automobile for Business, Charitable, Medical, or Moving purposes. MileageWise is…
