As a small business owner, you might wonder, “Should I file my business taxes separately from my personal taxes?” This decision can have significant implications for your finances, tax obligations, and overall business strategy. In this article, we will look at why you might want to file separately. We will discuss the benefits of this…
The end of the year is always a great time to reflect on what we’ve achieved, prepare for what’s ahead, and set ourselves up for success. At MileageWise, 2024 has been an incredible journey filled with milestones, improvements, and most importantly, helping our users simplify their mileage tracking. Whether you’re wrapping up your mileage logs…
Did you know your next dollar could be taxed at a completely different rate? Knowing about US marginal tax rates is key to saving money. The IRS has updated the tax brackets for 2025, which could greatly affect your income. Are you in the right bracket and know how to use this info to your…
Why do so many small businesses fail? The truth is sobering: 50% of small businesses don’t make it past their fifth year. From cash flow issues to poor customer understanding, many pitfalls can derail even the most passionate entrepreneurs. But failure isn’t inevitable. By identifying the key reasons businesses struggle and addressing them head-on, you…
In a world where efficiency drives success and every cent matters, having a reliable mileage recorder can make all the difference. Whether you’re a business owner managing a fleet or a professional on the move, tracking mileage accurately can transform how you handle expenses, maximize tax deductions, and optimize operations. But how do you choose…