Surprise! You’re going through your mail and there it is. The letter you never wanted to get… An audit notice from the IRS.
It seems that Uncle Sam wants to take a close look at your vehicle mileage log.
What’s that? All you’ve done is jotted down an estimate of your business vehicle usage?
That’s too bad. You see, the IRS wants a LOT more than estimates, and if you can’t provide the required information, you could be in a world of pain. Which is why it makes good sense to act now, before problems start, and read my brand new article titled Tax Tips: How Would Your Mileage Log Stand Up to an IRS Audit?
Three ways our fact-filled article can help you:
- You’ll learn how to keep the IRS happy. It really isn’t that hard but you have to know what the IRS is going to be looking for. We’ll give you the inside scoop when you read the full article.
- We’ll tell you how to avoid the fate of the Moore family. The Moores thought they were doing everything right but they failed to keep what the IRS calls an “adequate” mileage log. The result? They lost every penny of their vehicle deductions. We’ll show you how to handle things the right way when you read the full article.
- You’ll learn the most important thing about the mileage log. Lawmakers required a hammer to the taxpayer by both the IRS and the courts when you fail mileage log 101. That’s what happened to the Moores and countless others. Learn about the hammer and how to avoid it’s pain when you read the full article.