A mileage log book is a monthly or yearly record of your business-related travel that the IRS or your employer demand for tax deductions or reimbursement purposes. The minimum information requirements regardless of your situation are each business trip's miles, the year's total mileage, the time (a date will suffice), place (your destination), and ...

When it comes to documenting business miles, this is what the IRS considers appropriate records. It is necessary that you keep the mileage log records up to date. This implies that the mileage log template must be filled in at or near the time of departure. Anything that is updated once a week is generally considered sufficient. According to the IR...

First, you need to update your records regularly and make sure that they are accurate and up-to-date. The IRS requires you to preserve your mileage form for three years from the day you submit your income tax return with your deduction.