MileWiz for Caregivers
Do you work in the healthcare industry and find yourself routinely driving as a part of your service? Many healthcare workers today spend their days driving to and from a patient’s home, driving a patient to their doctor’s appointment, picking up prescriptions, and more, all in their personal vehicle. Driving these miles daily can quickly rack up hundreds of miles per week.
You should be logging this information, but you certainly don’t have the time to do it manually. You need a solution to automate this.
Luckily, MileWiz has the solution.
Tax Deductions for Self Employed Caregivers
Use mileage records
By using your personal vehicle for work, you are eligible to deduct a portion of those expenses. While you are unable to deduct the traveling to and from a client’s home, you can deduct the transportation to the doctor’s office, or any other errands you may handle for that client. The standard mileage rate is provided by the IRS and is updated annually.
Get the most of the mileage tracking deduction in 3 steps
❶ Track
Use an automated mileage tracker, like MileWiz, to record every single trip that you make.
❷ Review
Carefully review all logged trips and classify each as business related or personal.
❸ Export
Export your MileWiz logs monthly. Store them securely, make estimates and be prepared.
“You would be surprised at the amount of tax deductions you can claim, when you record every trip. Even those little 1 mile trips to a nearby place rack up lots of miles over the period of one year. And you are eligible for this tax deduction every year.“
- Tracy Lamb, Smart Caregiving
What if I work for an agency?
Even if your agency does not have a mileage reimbursement policy in place, you can still claim your un-reimbursed miles on your tax return. If your employer does have a policy in place, then tracking your transportation with MileWiz would make reporting your expenses effortless. If your employer rate is different than the standard IRS mileage rate, MileWiz can make the adjustments with a few easy steps.
What if I own an agency?
If you own an agency for caregivers and you have chosen to implement a mileage reimbursement policy, or you already have one in place, MizeWiz is just what you need to fully automate this process. MileWiz Enterprise is a solution that extends our award-winning app and allows employers to consolidate mileage logs provided by multiple employees into a single platform.