Last updated: April 12, 2024 Hop in, folks! It’s time to hit the road of tax deductions. We’re cruising at 67 cents per mile this year, so buckle up and let’s take a joy ride through the ins and outs of the 1099 mileage deduction.  Try MileageWise for free for 14 days. No credit card required! Automatic mileage tracker app Dashboard LET’S GET STARTED A Gas Tank Half Full or Half Empty? Understanding the 1099 Mileage Deduction No doubt about it, being a 1099 worker comes with its fair share

Ah, the open road! The symbol of freedom, the pathway to adventure, and for some of us – an unexpected tax deduction. Yes, you heard that right, fellow entrepreneurs, gig workers, and freelancers. Your miles can literally save you money. And no, it’s not some kind of rocket science – it’s all about the mileage tax deduction. But before you start a victory dance, let’s get down to the nitty-gritty of what exactly this means, and how a handy tool called MileageWise can make it all a breeze. What’s this

Last updated on May 22, 2023 Picture this: You’re a hard-working freelancer, a budding entrepreneur, or an on-the-go gig worker, and your vehicle is as much a part of your work life as your laptop or your toolbox. But did you know that your trusty four-wheeled companion could be a hidden source of tax deductions? Buckle up, folks, because today we’re diving headfirst into the twisty-turny world of Schedule C (Form 1040) and the mileage deduction. Schedule C (Form 1040): Your Golden Ticket You may be wondering, “What on earth

Last updated on February 28, 2024  Embarking on the journey of tax preparation can often feel like navigating through a labyrinth, especially for those juggling multiple roles such as independent contractors, freelancers, and business owners. Let’s dive into the essentials of managing taxes effectively, highlighting tools and strategies that can make this process as smooth as possible.  Tax Calculators Galore: Find Your Perfect Match Navigating the world of taxes requires the right tools. Here’s a breakdown of the calculators designed to ease the burden: For Independent Contractors and Freelancers: The