Mileage

You can use your mileage on taxes to lower your taxable income but only if you’re maintaining an accurate mileage log. Download MileIQ to start accurately tracking your miles » On this page, you’ll find tips for how to best maximize your miles for tax purposes. This includes knowing what drives you can write off, what the IRS is looking for in your records and other best practices well-suited for small business owners, self-employed workers and freelancers. I Want To Track My Miles »

What’s The IRS Standard Mileage Rate 2019?

What’s The IRS Standard Mileage Rate 2019?

The IRS mileage rate 2019 hasn't been announced yet. We will update this post when the announcement goes live. What Does The 2019 Standard Mileage Rate Mean For MileIQ Users? If you use MileIQ, ...Read more

Do Business Calls Make Commuting Deductible?

Do Business Calls Make Commuting Deductible?

In this Ask The Tax Expert, we tackle a common question: Can I deduct drives if I make business calls during them? Let's dive into this. ...Read more

Do I Have to Keep Weekly Mileage Logs?

Do I Have to Keep Weekly Mileage Logs?

The mileage deduction can be extremely valuable. But, how often does the IRS require you to keep mileage logs? Let's dive into if you need weekly mileage logs. ...Read more

A Day Driving with MileIQ Mileage Tracking App

A Day Driving with MileIQ Mileage Tracking App

I recently had the opportunity to travel around the beautiful Northern California Bay Area to try out MileIQ and track my reimbursable business miles as a part-time blogger. Here's my story. ...Read more

What is the Maximum Business Mileage Deduction?

What is the Maximum Business Mileage Deduction?

Q: As a self-employed professional, I do a lot of driving and consequently rack up a lot of business mileage. This year my mileage deduction will be well over $7,000. A friend told me that a maximum ...Read more

Tax Audit Reveals Keeping Improper Mileage Log Has Penalties

Tax Audit Reveals Keeping Improper Mileage Log Has Penalties

If you claim the mileage deduction on your tax return, you need to be able to back it up with an adequate mileage log in the event of an IRS tax audit. Failure to do so could prove costly. Alvaro ...Read more

How Employees Can Claim a Mileage Deduction

How Employees Can Claim a Mileage Deduction

In this installment of Ask The Tax Expert, we go over when an employee can claim a mileage deduction when on the job. ...Read more