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MileIQ was founded by Dan Bomze, an entrepreneur and investor of numerous startups. He began collaborating with a small team to design software that would simplify mileage reimbursement. [7] Bomze obtained feedback from others who tracked mileage for reimbursement and began looking for a business partner knowledgeable with software development. [7]
Motus is a workforce management company headquartered in Boston, Massachusetts, [1] [2] that offers vehicle reimbursement, fleet management and business intelligence solutions. This includes mileage reimbursement, BYO programs, Managed Mobility Services and living cost intelligence. [3]
Ramp takes a closer look at mileage reimbursement and explains why it's important and when it does or does not make sense.
The IRS mileage reimbursement rate is a deduction you can take for using a vehicle for qualifying purposes. Find out if you qualify. ... Input information about your mileage using a tax software.
The business mileage reimbursement rate is an optional standard mileage rate used in the United States for purposes of computing the allowable business deduction, for Federal income tax purposes under the Internal Revenue Code, at 26 U.S.C. § 162, for the business use of a vehicle. Under the law, the taxpayer for each year is generally ...
Rental car reimbursement. Helps pay for a temporary rental car while yours is being repaired after a covered accident. ... Include your mileage and condition for accuracy. ... 5 best tax software ...
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