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 »

Why is Tax Day On April 18 This Year (2017)?

Why is Tax Day On April 18 This Year (2017)?

Ordinarily, your federal (and most state) income tax returns are due by April 15. If you've been delaying doing your taxes, you have a few extra days to file your return. Your federal income tax ...Read more

IRS Definition Of Temporary Work Location

IRS Definition Of Temporary Work Location

In this installment of Ask The Tax Expert, we walk through the IRS definition of a temporary work location. This can impact the amount of your mileage deduction for the year. Q. I am an Estate ...Read more

Mileage Monday: Meet Nicole White, Interior Designer

Mileage Monday: Meet Nicole White, Interior Designer

For Mileage Monday, we’re happy to spotlight the amazing work MileIQ users do every day. If you’d like to recommend someone, please let us know on Twitter @MileIQ. This week, we’re excited ...Read more

IRS Mileage Rate 2015: How To Track Mileage

IRS Mileage Rate 2015: How To Track Mileage

The mileage rates 2015 for business drives is 57.5 cents per mile. The IRS decreased the standard mileage rate for 2016 to 54 cents per mile. Let's go over what the business mileage rate is and what ...Read more

Are Travel Expenses Deductible? Maximizing Write-Offs

Are Travel Expenses Deductible? Maximizing Write-Offs

When you travel outside your tax home for work, many expenses can lead to write-offs.  Your travel expenses are deductible but make sure you know the rules. These expenses can include car rentals, ...Read more

Uber Tax Checklist & Tips for Filing Taxes

Uber Tax Checklist & Tips for Filing Taxes

Updated: October 3, 2018 As more people become Uber drivers, we often hear the question, "How do Uber drivers pay taxes?" In this post, we'll provide an Uber driver tax checklist that lets you ...Read more

How Much Detail Do You Need For A Mileage Log Book?

How Much Detail Do You Need For A Mileage Log Book?

In this installment of Ask The Tax Expert, readers ask about the details required by the IRS for your mileage log book. Our tax expert also answers a question about a mileage deduction if you use ...Read more