Category: Mileage Tracker

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 [...]

All You Need to Know About Mileage Deductions

If you regularly use a vehicle in your small business, you need to learn how to deduct the expenses you incur for running the vehicle. Looking for an easy 12-week ATO Logbook Tracking solution? Click here. Understanding the tricks around mileage deduction, the tax advantages of buying versus leasing and the tax implications of depreciation […]

How to Deduct Mileage for Taxes

What is mileage deduction? It is a tax write-off that is used to lessen the cost of running a personal car for business reasons. Looking for an easy 12-week ATO Logbook Tracking solution? Click here. There are two types of ways to calculate the mileage deduction. One is the Actual Expense method (AE), and the […]