Why do people track their mileage?

Efficient tracking management. It makes it easier to manage your expenses. If an employee is in an accident, having records of your mileage helps you determine who was at fault. It also helps in tracking business-related trips, such as visiting clients or suppliers.



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If you're claiming actual expenses, things like gas, oil, repairs, insurance, registration fees, lease payments, depreciation, bridge and tunnel tolls, and parking can all be deducted. Just make sure to keep a detailed log and all receipts, he advises, and keep track of your yearly mileage and then deduct the ...

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