Surprise the IRS and the courts are sticklers on allowing business mileage write-offs. In a recent case a taxpayer used his personal auto in his business of marketing petroleum properties.
For some activities, he kept a meticulous log with the exact miles driven, destination and purpose. For other trips, he wasn’t so precise, either estimating his mileage or failing to list the place he drove to.
So the Tax Court approved the business miles for which he had detailed records and reversed the rest.
So ensure that you will not fall short, make sure you have a decent record of your mileage. Contact us if you need assistance.
Powell, TC Memo. 2016-111