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Understanding IRS Requirements for Maintaining a Mileage Log

Jackson3 years ago3 years ago03 mins

Whether you’re a small business owner or a self-employed individual, keeping a detailed mileage log is crucial for maximizing your tax deductions. The Internal Revenue Service (IRS) has specific requirements for maintaining a mileage log, and failure to comply could result in missed deductions or even potential audits. In this article, we’ll break down the…

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