Keeping track of business mileage is crucial for many reasons. It allows businesses to accurately deduct vehicle expenses on their taxes, track employee travel patterns, and reimburse employees for business-related travel.
There are a few different ways to keep track of business mileage. One way is to use a mileage tracking app. These apps can be downloaded onto a smartphone or tablet and automatically track the distance traveled, the date, and the purpose of the trip. Another way to keep track of business mileage is to use a mileage log. Mileage logs can be purchased at office supply stores or online and are simply a notebook or spreadsheet where you can record the date, the starting and ending mileage, the purpose of the trip, and the total mileage for each business trip.