Well it is time to get ready for doing taxes. Remember if you are self employed or have unreimbursed auto mileage and expenses you want to try to deduct, YOU NEED TO HAVE AN AUTO LOG FOR THE IRS TO ALLOW THE DEDUCTION. I can’t stress enough that this is the one piece of taxpayer created documentation (erasings and all) that the IRS is required to accept at an audit. Make sure it has the year beginning and ending odometer numbers and for each entry:
Where you went
Why business related
Miles driven
Beginning and ending odometer numbers
All this stuff is why it is such a pain keep, but still necessary. Keep it in mind when it is time to do your taxes.
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