Guides
Tracking Your Mileage As A Startup Founder
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Self-employed and driving as part of running your startup? You might qualify for a tax deduction while you’re at it!
Unfortunately, it’s not as simple as answering a business call on your way to Target and calling it a write-off.
Where you’re going, why you’re going, and how you document it are all essential to staying on the IRS’s good side.
This guide breaks down the difference between personal and business mileage (it’s stricter than you think), the different ways to calculate your deduction, and how to keep a mileage log your accountant will thank you for!
NOTE: This guide is for educational purposes and is not intended as legal, tax, or financial advice.
