The rules for mileage deduction?
The IRS is starting to come down hard on mileage deductions. If audited, records must reflect the amount of miles, time and place the driving took place, the business purpose and the business relationship to the taxpayer as shown on their Table 5.2 below.
Table 5-2. Daily Business Mileage and Expense Log Name:
|Date||Destination (City, Town, or Area||Business Purpose (Who/What)||Odometer Start||Odometer End||Miles this Trip|
If mileage appears to be excessive, a copy of the mileage log will need to be provided.