Are you self-employed, a business owner, or use your car for work? You might wonder how to claim mileage on your taxes. With the IRS mileage rate for 2024 at 67 cents per mile. By proper tracking and claiming your mileage can save you a lot on taxes. Find out the best practices in this…
Last updated: December 20, 2024 Curious about how much you can deduct for driving in 2025? Staying updated on the IRS standard mileage rates is vital for maximizing deductions and staying compliant. This guide will show you the new rates and how you can prepare to maximize your tax deductions. Read on to stay ahead!…
As a DoorDash driver, tracking your mileage is crucial for maximizing your earnings and minimizing your tax liabilities. With the right mileage tracker, you can easily log your driving miles and ensure that you're capturing every deductible mile. But with so many options available, what is the best mileage tracker for DoorDash? In this article, we will explore…
Are you tired of logging your business mileage by hand? Imagine an app that tracks your trips automatically, sorts them, and makes IRS-proof logs in minutes. MileageWise is the top pick for businesses looking for easy and accurate mileage tracking.MileageWise is the best mile tracker app for business with its many tracking modes, hands-free categorization,…
As a sole proprietor, understanding what you can and cannot deduct on your taxes is crucial for effective financial management. One common question that arises is: can sole proprietors deduct medical expenses? This article will explore the eligibility, limitations, and the process you need to follow to maximize your deductions. Level Up Your Mileage Tracking MileageWise: Tracks trips…