Tracking Business Mileage to Comply with IRS Tax Laws
Do you track your business mileage? Learn why a detailed mileage log is essential for tax deductions and how to stay compliant with IRS rules.
Why You Need a Mileage Log
To claim mileage deductions, the IRS requires accurate records of business trips. Without proper logs, your deduction could be denied.
What to Include in Your Mileage Log
Your log should track dates, locations, trip purpose, and odometer readings. This ensures you can verify every deduction.
Best Ways to Track Mileage
Use apps or spreadsheets to automate mileage tracking. Tools like Stride offer free, accurate ways to log trips and expenses.
Protect Your Deduction from an Audit
Frequent IRS audits target business mileage. Accurate logs ensure you're covered if the IRS reviews your records.
Need Expert Advice?
Contact
Akron Income Tax Co.
2215 E. Waterloo Rd. Suite 113
Akron, Ohio 44312
(330)733-1040
Akron Income Tax Co.