Taxpayers who claim the standard mileage rate deduction for the miles they log for business purposes will be able to write ...

The tax code allows deductions for qualified miles driven for business, medical, moving and charitable purposes. But to claim this deduction you must keep adequate records of actual miles driven.

Motus, which is backed by Permira and Thoma Bravo, has acquired Everlance, a San Francisco-based provider of mileage and expense tracking solutions for small businesses, teams and sole proprietors.

Is mileage considered an office expense? No, as mentioned previously ... If you’re audited, the IRS will want to see a log that includes dates, destinations and the reasons for travel.

The standard mileage rate for 2024 is 67 cents/mile for business expenses Mileage for business, charity, medical or military purposes can be deducted The deadline to submit tax returns is April 15 The ...

Several years ago, many people could claim an itemized deduction for unreimbursed employee travel expenses. Now, though, if you work for a company that doesn't reimburse your mileage for travel ...

If your vehicle doesn't require premium fuel, the extra expense may not justify the minimal mileage gains. For cars needing high-octane petrol, the cost is offset by improved performance and ...

Motus, the industry leader in vehicle reimbursement and risk mitigation for businesses with employees that actively drive for work, today announced the acquisition of Everlance, a mileage and expense ...

The AA Mileage Calculator has been launched following recent research that shows one in two drivers think their expense claims are wrong and is intended to provide employers and employees with ...