Last updated on: March 13, 2024 If you are a business owner or contractor, maintaining accurate business mileage records is crucial for maximizing tax deductions and staying compliant with IRS regulations. However, the process can be time-consuming and fraught with potential errors. Has it ever happened to you that you’ve forgotten to keep mileage records, but at the end of the tax year you’d like to claim the mileage deduction that comes after business mileage?  The first thing you might have done is to type “mileage log generator” or “mileage

July 26, 2019 MileageWise can bring fundamental changes for your business when it comes to claiming a tax deduction on your car expenses. The complex administration is the number one reason that keeps people from maintaining a mileage log. But if you do not keep a mileage log you may not even realize that you have lost up to $5.600 per tax year. Keeping a mileage log with the tools that were available earlier was indeed a demanding task. For logs recorded on paper and later transferred to Excel spreadsheets