The IRS requirement for mileage deduction is that you maintain a contemporaneous record of mileage driven (date, distance, why). In the 1960s, this meant a logbook that you keep in the car. For me (for well over a decade) this has meant an Excel spreadsheet that details why (the MSC and client, date, and mileage). I don't keep invoices per se even when I could. I see no reason. I track payments in the same Excel spreadsheet, as well as job numbers when it makes sense to track those.
@tripovermercy wrote:
I bookkeep earnings from doing gigs for these smaller MSPs, and use them in calculating my mileage. However, along with Performalogics, they don't have invoices that I can easily access and download come tax time. Anyone with experience with the taxmen know if we need to provide all invoices if we are audited to prove our mileage deduction claims, and if Field Agent, Presto, and Performalogics provide a big invoice at the end of the year or something like that? TIA.
Shopping Southeast Pennsylvania, Delaware above the canal, and South Jersey since 2008