Mileage Monday: Meet Cesar Castro Jr.

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Mileage Monday: Meet Cesar Castro Jr.

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 to speak with Cesar H. Castro Jr., a real estate agent with Military Mutual. See how he’s helping our country’s bravest find homes.

Ask the Tax Expert: Why You Can’t Estimate Mileage Deduction

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Ask the Tax Expert: Why You Can’t Estimate Mileage Deduction

Q. I’ve had the same job for 20 years. I deduct the same business miles every year but now, the IRS is questioning my miles. I had heard that the IRS offers a 10% or $5,000 leeway on these types of deductions—is this true? Can I estimate mileage deduction as long as it’s close?