May 15, 2020 The goal of our new Case Study series is to educate our users about some common tax-related topics. We wanted to start with the not-so-fortunate cases. We want to present good practices later. To show how much easier it is to claim a tax deduction by keeping and/or retrospectively reconstructing a mileage…
September 2, 2019 If we outsource one of our tasks to a competent person in a given situation, we tend to blindly believe that if we paid for a service the job is going to be flawless. However, professionals can make mistakes (or maybe they're simply not professionals) and if these problems only come to…
August 6, 2019 Or in other words: things you wish you’d known before If you’re driving a car and need to log your mileage for whatever reason (but we imagine it’s mostly tax-related), it’s more than likely that you’ve encountered the phenomenon of mileage log software and apps operating on GPS technology. The first thing…
Last updated on June 10, 2022 Any mileage driven with a vehicle for Business purposes is eligible for either Mileage Deduction or Mileage Reimbursement. Business Mileage Deduction can be claimed if a taxpayer uses a vehicle for Business purposes. Mileage Reimbursement is when an employer compensates an employee for the work-related miles they drive with…