Category: Mileage Tracker

How Does the GOFAR Mileage App Help Its Users?

Unlike the first generation of smart car gadgets on the market, the GOFAR gadget comes with a free intelligent app that translates engine data, logs business mileage and teaches a driver how to drive safely to improve efficiency. The inventors of the product came up with a technology that ensures you spend less on fuel. [...]

How Does IRS View the Mileage to and from Work?

The IRS considers the first trip out of your house to the office and the last trip from your office to your home as commuting. Commuting is not an allowed deduction, and therefore you cannot claim mileage deductions on commuting. The IRS sees where you live as a personal choice, and thus if you live [...]

What is the IRS Mileage Rate for 2018?

As an American in 2018, you can deduct some of the cost of running your car from your expenses if you use it for business purposes. To do that, you need an efficient way of tracking your business expenses. You can use a mileage tracking app such as GOFAR, which not only tracks your business [...]

FAQs About IRS Mileage Deductions 2018

What Is the IRS Standard Mileage Rate in 2018? If you choose to use the Standard Mileage Rate method of deduction set by US Government Agency, the Internal Revenue Service (IRS), you will use the following rates for deduction: Business mileage at 54.5 cents per mile Medical miles at 18 cents per mile Charity miles at [...]
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