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How To Deduct Vehicle Depreciation on Your Taxes
As a business owner, you may be able to save money on your taxes by deducting the depreciation of your business vehicle. Vehicle depreciation is
Discover how TripLog can drive time and cost savings for your company.
TripLog is the market’s premier mileage and expense tracking solution. We cater to businesses of all sizes and industries.
Find out how much your company can save:
Learn about new features, tips & tricks, and how people have used TripLog to save thousands of dollars and man-hours.
As a business owner, you may be able to save money on your taxes by deducting the depreciation of your business vehicle. Vehicle depreciation is
As a business owner, you may be able to save money on your taxes by deducting the depreciation of your business vehicle. Vehicle depreciation is
Whether you are a self-employed or salaried worker in Canada, using your personal vehicles for
When it comes to mileage reimbursement, most companies use the standard IRS mileage rate. However,
Driving for Uber or Lyft comes with its own set of responsibilities. One such essential
Doing Uber Eats can be a great way to earn extra money in your spare
If you’re driving for Uber, you know that every dollar counts. To help drivers earn
Uber has transformed the way humans travel, and the brand has also created a new
This shouldn’t come as a shocker to most of us who haven’t yet switched to
A common question many workers and business owners have is whether their commute to their
As a Dasher in 2024, properly tracking your mileage is more important than ever for
Using outdated manual mileage logs can cost businesses thousands of dollars per year in lost time and incorrect reimbursements. See how much TripLog can help you save!
Number of drivers
Average miles daily per person
Number of trips daily
Cents-per-mile
Annual mileage reimbursement costs based on the numbers you provided.
Annual Mileage Reimbursement
50 mi/day x 100 drivers x $0.54 (5 days x 50 wks)
$675,000
This is the inline help tip! You can explain to your users what this section of your web app is about.
According to research, on average employees inflate the mileage by 25% when self reported.
Estimated Reimbursement Savings
$168,750
People on average spend 2 minutes on manually recording trips.
Manual Entry Hours
2 mins x 10 trips/day x 100 drivers (5 days x 50 wks)
8,334 hr
Taking national average $25 hourly rate.
Estimated Labor Savings
Avg. $25/hr x Manual Entry Hours
$208,334
Your Company
(Labor Savings + Reimbursement Savings) / Number of Drivers
$4,167
Start automatically tracking your mileage today to never miss another deductible mile. Try the #1 mileage tracker for free!
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In your introductory meeting with one of our mileage experts, you will: