Are You Being Audited For Mileage?
Have you received a notice of an IRS audit? Is the IRS asking for supporting documentation for your mileage tax return within the next 30 days? Perhaps you don’t have the records to support your claims, or your old logs aren’t good enough. Facing an IRS audit without a mileage log — or with missing documents — can be a real headache. But don’t worry, we’ve got you covered.
WHAT HAPPENS DURING AN IRS AUDIT?
If the IRS audits your mileage, they’ll typically contact you by mail and you’ll have 30 days to respond. If the IRS did not accept the mileage log you submitted, you’ll need to get your records in order. Whether you’re a small business owner, self-employed, or even using the car for personal purposes, you’ll need to create an IRS-proof mileage log that matches your claimed deductions.
THE DEVIL IS IN THE DETAILS
Would your Excel sheets/templates/samples/paper logs hold up during an IRS audit? Submitting inaccurate mileage logs could lead to penalties from the IRS and depending on the average business miles claimed on your taxes, those fines could be huge.
TIME IS OF THE ESSENCE
You’ll need IRS-proof mileage logs to support your vehicle deduction, whether you’re using the standard mileage rate or the actual expense method. If your claim is audited, the IRS will expect you to have precise mileage logs. It’s worth the effort, though: MileageWise users can claim $1,000s every year.
HOW TO PROVE MILEAGE TO IRS?
Whether you have a lost or incomplete mileage log, MileageWise is your go-to software. It helps you reconstruct your past trips and it retroactively applies all applicable laws and regulations when assembling your records. Creating a flawless online mileage log with MileageWise takes only 7 minutes per month. Get the most out of your income tax savings with us!
AN IRS-PROOF MILEAGE LOG
A mileage log is considered sufficient if it includes the mileage, addresses, dates, and purposes (e.g., business meetings, personal shopping) for each trip. You’ll also need to provide your total mileage for the year and your odometer readings at the start and end of the year. For the odometer readings, it’s recommended to log them at the start of each month. If your mileage log contains all these details and the numbers add up you’re ready to file your taxes with the IRS.
“ARE MILEAGEWISE LOGS IRS-PROOF?”
Our AI Wizard Mileage Log Generator recommends trips you may have forgotten and automatically adds them to your log. Meanwhile, the software’s built-in IRS auditor checks and corrects 70 potential red flags before you generate your mileage log — ensuring it meets all IRS mileage log requirements.
