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Mileage Tracking App for Taxes: A Comparison of 3 Top Options

In the past, many self-employed freelancers and independent contractors relied on manual mileage tracking, but this is frustratingly time-consuming. Manually writing down business trips also increases the margin of error in mileage logs and if you forget trips then that minimizes tax deductions. Not good! Today, the IRS has approved and recognized multiple mileage tracking apps that […]

GOFAR partners with Transurban to conduct massive Eco-driving trial 2022

With an overall fuel efficiency improvement of 5.5%, the trial has shown that eco-driving concepts have merit and can deliver meaningful fuel consumption savings, and therefore GHG emission reduction. While passenger vehicles have become increasingly fuel-efficient over time, there appears to be merit in actively promoting eco-driving now versus simply waiting for cars to get more […]

WHAT IS THE CRA LOGBOOK METHOD?

The Canadian Revenue Agency (CRA) allows people to claim the use of their car for work as a tax deduction.  One of the allowable ways to claim is by the ‘logbook method’. The logbook method allows people to claim a % of all of their vehicle expenses based on how much the vehicle is used […]

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