Save Your Business Miles! It Can Save You Thousands!

If you have to travel for business, you may know that you are allowed to deduct your business miles traveled. Some companies have a system setup for their employees to enter their trips and it will calculate it for them.

However, if you own your own business or you are not compensated by your employer for business miles traveled, then you have to track your miles on your own. When it comes to showing proof for tax deductions, it becomes difficult to show if you did not track every time you traveled for business.

Luckily, with new technology on smartphones an app can be used to track your miles and save them. This will let you know how much you are traveling and how much you would be able to write off when it comes to your taxes. It is more efficient than writing it on paper and will not be lost as easily.