So,  in the US in 2024:

if you drove the average 12,000 miles* this year your deduction could look like this:

If you travel 12,000 miles for business:
12,000 x $0.67 = $8040 deduction

in CANADA in 2024

if you drove the average 19,000 kms* this year your deduction could look like this:

If you travel 19,000 km for business AND you are incorporated:
5,000 km X $0.70 + 14,000 km X $0.64 = $12,460 deduction

If you travel 19,000 km for business AND you are not incorporated you must use the expense method:

Accurately documenting EVERY business trip increases your business % which is the portion of your expenses you can claim. 

ONLY trips you have documented (with actual paperwork) can you use for your business % deduction.

SO, if you were just claiming a 30% business expense deduction, you likely will find with proper trakking reporting paperwork

you can prove your actual business percentage is 60%  that can increase your deduction

from  $3300 to $6660

plus

a similar increase in your Capital Cost Allowance

Also in both countries, you can deduct the cost of our service,  but you can’t write off your time if you do it yourself. 

If your time is worth $30/hr
$30.00x 80 hrs = $2400

We’ve found that, on average, business owners spend 80 hours a year tracking and processing their mileage.
But No More!.

With Mileage Trakker they are now receiving a 200-500% return on their investment each year!

*Realtors tend to drive 19,000 mi/30,600 km/yr; Contractors tend to drive 30.000 mi/48,300 km/yr

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Please consult with your accountant/tax preparer to determine exactly what you and/or your company is allowed to write off for mileage.