Recent court cases have focused on the taxpayer’s maintenance of contemporaneous records for the deductibility of business mileage and expenses. This has led the IRS to tighten up on the requirements for record-keeping. In order to preserve your deduction of business mileage and other costs, please consider using an app as this is an easy way to satisfy these requirements. Our clients are giving us rave reviews about MileIQ. Let us know what you use!
READ: 6 Best Mileage Tracker Apps for Small Business