The standard mileage rate is the amount per mile that the Internal Revenue Service (IRS) allows taxpayers to use to calculate vehicle expenses for tax deduction purposes.
The program automatically calculates with the period-appropriate standard rates depending on which year’s mileage log you’re working on, on the MileageWise dashboard. However, to keep our users up-to-date and informed, we display the rates from 2015 to the present day in the Basic data menu, under the Standard rates tab.
With our AI Wizard for recovering past trips and a built-in IRS auditor that checks and corrects 70 potential red flags before you generate your log, MileageWise ensures your mileage logs are always 100% IRS-proof.
If you regularly pay tolls for work-related travel, you may be wondering: Are tolls tax deductible? The short answer is yes, but only under specific
Are you one of the thousands of Instacart shoppers hustling to make deliveries across town and confused about Instacart 1099? Are you wondering about those pesky
Companies that reimburse employees for driving their personal cars for work have several options. One of the most effective and IRS-compliant options is an FAVR
1. The Competition and the Organizer These rules apply to the prize competition (hereinafter referred to as “the Competition”) announced via the Facebook and Instagram
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