Every year, millions of taxpayers unknowingly pay more than they owe. Are you one of them? Overpaying taxes happens when you miss out on deductions, fail to track expenses, or overlook key tax breaks. One of the biggest mistakes people make is not tracking their mileage properly—which means leaving hundreds or even thousands of dollars on the table. If you drive for work, tracking mileage is a simple way to reduce your taxable income and keep more money in your pocket. But many people forget to log their miles, use

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 choice and share tips for managing your tax filings. Level Up Your Mileage Tracking MileageWise: Tracks trips automatically via vehicle movement, Bluetooth, and Plug’N’Go without draining your battery. AI-Powered Mileage Recovery: The AI Wizard helps reconstruct past

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 advantage? Keep reading to learn about marginal tax rates and how they can help you in 2025! Level Up Your Mileage Tracking MileageWise: Tracks trips automatically via vehicle movement, Bluetooth, and Plug’N’Go without draining your battery.

Filing taxes can be tough, even for those who get a 1099 form. In 2024, knowing the 1099 tax deductions list is key to saving on taxes. This guide will help you understand the important tax deductions you can claim. Level Up Your Mileage Tracking MileageWise: Tracks trips automatically via vehicle movement, Bluetooth, and Plug’N’Go without draining your battery. AI-Powered Mileage Recovery: The AI Wizard helps reconstruct past mileage logs, filling gaps in your log to ensure compliance. Built-in IRS Auditor: Checks and corrects up to 70 logical errors in logs, ensuring they meet IRS standards

Many freelancers, independent contractors, and small business owners receive income reported on a 1099 form. While this offers flexibility and autonomy, it also comes with tax responsibilities that can feel overwhelming. Understanding how to reduce 1099 taxes is crucial for maximizing your income and ensuring compliance. In this article, we will explore effective strategies to minimize your tax liability while still staying within the law. Level Up Your Mileage Tracking MileageWise: Tracks trips automatically via vehicle movement, Bluetooth, and Plug’N’Go without draining your battery. AI-Powered Mileage Recovery: The AI Wizard helps reconstruct