MileageWise BlogTips, tricks, information about mileage logging straight from the CEO

Top 7 Reasons to make a Driving log

March 3, 2021 1. A stitch in time saves Nine Did you know, that in case of an IRS Audit where you are required to substantiate your Mileage records, you only have 30 days to gather all the information, create a Driving log, and present it to the IRS? Many of our clients contacted us…

The Gig Economy is Evolving and so are the Tools helping them

February 28, 2021The benefits of a Gig job are obvious, with flexibility probably being the biggest one. You can work for multiple companies at the same time, and by doing so you can optimize your working hours and your income. In today’s economic situation, the interest in taking a Gig job has only grown. During…

Smart Mileage Calculator for Vehicle Users 2024

Last updated on: June 26, 2024 MileageWise has a smart solution to calculate the Mileage of vehicles, making the process easier. The Internal Revenue Service's Standard Mileage Rate in 2024 is 67 cents. This rate is used to calculate the deductible costs of operating an automobile for Business. MileageWise is a great tool to calculate…

Mileage Logs for Real Estate Agents

Last updated on: May, 2024As a realtor, using your vehicle for business purposes uses up a huge amount of your miles. Regardless of whether you are driving a potential future homeowner to 5 different locations on a Sunday or going to get snacks for your open house, these trips will all be tax-deductible for you…

A list of your Data that the IRS has Access To

Last updated on: January 3, 2023 Have you ever wondered what information the IRS is looking for when conducting an IRS Audit (e.g. for Mileage)? The IRS can track down your Business expenses and reconstruct your Daily Route from Parking fees, Tolls, or Vehicle inspection reports. Imagine that you are being Audited for Mileage by…