If you drive for work and aren't tracking every trip, you're leaving real money on the table.

    The IRS standard mileage rate for business use is $0.70 per mile. That means if you drove 10,000 business miles this year, you're entitled to a $7,000 deduction — but only if you have proper records.

    Here's exactly what the IRS requires you to log for each trip:

    – Date of the trip

    – Starting and ending odometer reading

    – Total miles driven

    – Destination and business purpose

    – Whether the trip was business or personal

    That's it. No receipts needed for mileage — just a consistent, dated log.

    The most common mistake I see: people try to reconstruct their mileage at year end from memory or Google Maps. The IRS doesn't accept estimates — they want contemporaneous records, meaning logged at or near the time of each trip.

    A simple notebook in your glove box, filled in every time you drive for work, is completely IRS-compliant and will hold up in an audit.

    If you're self-employed, a freelancer, or do any driving for work — start logging now, even mid-year. Partial year records are still deductible.

    What are you currently using to track your miles? Always curious what's working for people.

    The IRS mileage deduction is worth $0.70/mile — here's exactly what records you need to claim it
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