Attention business owners and landlords!
This is your annual reminder: go take a cell phone picture of your odometer for taxes.
You are supposed to report TOTAL mileage for your vehicle along WITH business mileage, in order to claim a deduction for those business miles.
If you do this every New Year’s, you will have total annual mileage every year easily accessible.
BONUS MOVE: Upload that picture to your tax pro’s portal (our clients use SmartVault) now (along with last year’s picture).