08/02/2026
💡 TAX TIP
Track Your Business Mileage All Year Long
If you use your personal vehicle for business, every qualifying mile you drive could help reduce your taxable income. Waiting until tax season to estimate your mileage can cause you to miss valuable deductions.
Here’s what you should do:
* ✅ Record your starting and ending odometer readings or use a mileage tracking app.
* ✅ Keep track of the date, destination, and business purpose of each trip.
* ✅ Only claim miles driven for legitimate business activities (meeting clients, traveling to job sites, picking up supplies, etc.).
* ✅ Save supporting documents, such as receipts or calendar appointments, in case the IRS requests proof.
Why it matters:
Keeping accurate mileage records throughout the year can increase your eligible deductions and help you keep more of your hard-earned money at tax time.
