One of the things that I have trouble with is keeping up with my mileage. If you are a small business owner, this is usually a must if you go to meet clients or do anything work related that causes you to drive somewhere. I know several people who have estimated what their mileage was on their taxes and the IRS has audited them. Since they didn’t keep a mileage log they had to end up paying taxes on that because they had no proof.
This is a very frustrating, tedious and necessary thing to do if you are trying to be the most accurate on your taxes. Mileage books are available at various stores and certain planner companies have where you can buy extra insert pages for your planner.
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