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According to the IRS, your mileage log must include a record of:
- your mileage
- the dates of your business/work trips
- the places you drove for business/work, and
- the business/work purpose for your trips.
The IRS also wants to know the total number of miles you drove during the year for business/work, commuting, and personal driving other than commuting.
By far the best way to prove to the IRS how much you drove for business is to keep daily records.
To keep track of your driving, you can use either a paper mileage logbook that you keep in your car or a mileage tracker like MileIQ to automatically calculate your mileage for each trip.
MileIQ is an automatic mileage tracker that takes the hassle out of keeping a mileage log. I think you’ll find it helpful for logging your business/work drives!
This year, MileIQ is offering my clients a 20% discount on annual unlimited-drive plans. Subscriptions are regularly priced at $5.99/mo. or $59.99/yr. (Here’s how to redeem promo codes.)
You can try MileIQ by downloading the free app for iOS or Android. To get an annual unlimited-drive plan at a 20% discount, sign in to your MileIQ web dashboard, click “Get Unlimited Drives” and use promo code TSHA205A at checkout. (Note that the discount is not valid for in-app upgrades or monthly plans.)
Want more information? Take a look at this flyer.
I hope you’ll give MileIQ a try and let me know what you think. (And remember, the subscription is usually deductible too — at 54 cents for every business mile in 2016, it’ll pay for itself in just a few drives!)