
What’s your mileage worth to you?
Business Miles Driven
20,000
X
$0.725
=$14,500
in deductions
and
$3,935
avg. in your pocket
Current IRS Mileage Rate:
$0.725/ mile
Its worth more than $300
The average person:
1) spends 80 hours trying to track their mileage accurately annually.
2) Still misses 30% of trips on average
80hr * $15/hr = $1,200 of your time, minimum
30% of 15,000 business mi = approx $3,000 in missed deductions


