If you drive a personal car for business reasons, your employer may provide a mileage expense reimbursement. Here’s a quick explanation on how you calculate your reimbursement.

How to Calculate Mileage Expenses Reimbursement

You’ll want to keep a mileage log book of all your drives. Nowadays, companies prefer a digital mileage log like those generated by MileIQ. Make sure you’re including: Read More

MileIQ

Now that MileIQ for Canada is live, it’s easier than ever to claim the mileage deduction you deserve. Be sure you’re aware of the CRA mileage log requirements before you claim motor vehicle expenses on your taxes.

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MileIQ

The IRS Mileage Rate 2016 is important for anybody looking for a driving-related deduction. Use this rate to determine how much your write-off can be for business-related drives, as well as charity driving and moving/medical trips.

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