MileageWise Blogtax

The Guaranteed Solution for a Retrospective Mileage Log

Oct 21, 2021 You've already claimed a Business Mileage Tax Deduction, but don't have any Mileage Logs? Your Mileage Tracker App wasn't always functional, and now you don't have anything or just have partially completed mileage logs? Did you delegate the duty to someone incompetent? Did you procrastinate? Traditional Mileage Tracker Apps / Excel Sheets…

What To Do Before An IRS-Audit For Business Miles?

Oct 20, 2021 When you are audited by the IRS for mileage, you will be contacted mostly by mail, and you will have 30 days to reply. If the IRS did not accept the Mileage Log you submitted, you must prepare new documents. Whether you are a Small Business Owner, Self-Employed, or the automobile is…

An IRS Auditor In Your Pocket

Oct 17, 2021 Both the number of IRS auditors and audits are going to increase in the future, as well as the taxes. Moreover, if you make a mistake in your mileage log, you can get penalized for it. What if you had a bulletproof tool in your inventory to defend your business? Automation is…

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…

Less commuting means higher business usage

Last updated on: October 18, 2023A great number of companies have decided that the safest thing to do during a pandemic is to send their employees home, to work from there. Remote working has its pros and cons, but one thing is for sure when it comes to mileage: it greatly reduces commuting miles, which…