The IRS Will Want to See Your Records While deducting mileage can save tax dollars, think twice before claiming travel time you can't document. If you're audited, the IRS will want to see a log that ...

As business owners, your biggest expense is usually your tax bill. That means you have to put a lot of attention and ...

So if you keep a mileage log, you may be able to deduct the cost of mileage on your taxes. The standard rate is $0.655 per ...