What records do I need to substantiate my business auto mileage?

The IRS requires businesses to maintain auto usage logs/records indicating how many miles they traveled each day. It is our experience that the IRS does not allow estimates of mileage and in fact, may disallow the entire mileage deduction if records/logs are not maintained.

ESTIMATES ARE NOT ACCEPTABLE!

Last update on July 30, 2012 by Administrator.

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