Tags: Mileage Deduction

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

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 ...Read more

How to Keep Track of Mileage for Taxes

How to Keep Track of Mileage for Taxes

If you use a personal car for business purposes, you could be in for a large write-off with the mileage deduction at the end of the year. The mileage deduction can put thousands of dollars back in ...Read more

Ask the Tax Expert: Temporary Work Location Deduction

Ask the Tax Expert: Temporary Work Location Deduction

Q. I am a substitute dental hygienist who works in many different dental offices throughout the city – anywhere from 5-40 miles from my house; some are within the metropolitan city nearest my home, ...Read more

Taking a Mileage Deduction After Reimbursement

Taking a Mileage Deduction After Reimbursement

The mileage deduction can be relatively straight forward but there are always interesting wrinkles that pop up. I’m often asked about the eligibility of taking a mileage deduction after ...Read more

The Ultimate Guide to Mileage Deduction

The Ultimate Guide to Mileage Deduction

Driving deductions are a valuable way to significantly lower your taxable income. This is especially true if you're self-employed. Yet, there are guidelines to follow unless you want to be staring ...Read more

Mileage Monday: Meet Jay Scales of Area 61 Records

Mileage Monday: Meet Jay Scales of Area 61 Records

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. We're thrilled to speak with Jay ...Read more

Can I Use Standard Mileage Rate and Actual Expenses?

Can I Use Standard Mileage Rate and Actual Expenses?

The standard mileage rate for 2016 went down substantially from the previous year (54 cents per mile vs. 57.5 cents in 2015), so many of you may be thinking about using the actual expense method for ...Read more