{"id":321,"date":"2025-01-14T22:57:55","date_gmt":"2025-01-14T22:57:55","guid":{"rendered":"https:\/\/www.andrewsamaniego.com\/blog\/?p=321"},"modified":"2025-01-14T22:57:55","modified_gmt":"2025-01-14T22:57:55","slug":"how-a-simple-app-saved-my-client-7432-in-taxes-and-can-save-you-thousands-too","status":"publish","type":"post","link":"https:\/\/www.andrewsamaniego.com\/blog\/how-a-simple-app-saved-my-client-7432-in-taxes-and-can-save-you-thousands-too\/","title":{"rendered":"How a Simple App Saved My Client $7,432 in Taxes (And Can Save You Thousands Too)"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" src=\"https:\/\/www.andrewsamaniego.com\/blog\/wp-content\/uploads\/2025\/01\/image-1024x768.jpeg\" alt=\"\" class=\"wp-image-322\" srcset=\"https:\/\/www.andrewsamaniego.com\/blog\/wp-content\/uploads\/2025\/01\/image-1024x768.jpeg 1024w, https:\/\/www.andrewsamaniego.com\/blog\/wp-content\/uploads\/2025\/01\/image-300x225.jpeg 300w, https:\/\/www.andrewsamaniego.com\/blog\/wp-content\/uploads\/2025\/01\/image-768x576.jpeg 768w, https:\/\/www.andrewsamaniego.com\/blog\/wp-content\/uploads\/2025\/01\/image-1536x1152.jpeg 1536w, https:\/\/www.andrewsamaniego.com\/blog\/wp-content\/uploads\/2025\/01\/image-702x526.jpeg 702w, https:\/\/www.andrewsamaniego.com\/blog\/wp-content\/uploads\/2025\/01\/image.jpeg 1792w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Last week, while my 9-month-old Kainalu was &#8220;helping&#8221; me sort tax documents, I remembered something crucial that most business owners overlook. It wasn&#8217;t the stack of receipts on my desk or the 1099s in my inbox \u2013<strong> it was sitting right in my pocket<\/strong>.<br><br>But first, let me tell you about Sarah, a real estate agent who came to me last tax season.<\/p>\n\n\n\n<p>&#8220;I probably drove 20,000 business miles last year,&#8221; she said, &#8220;but I only tracked maybe 2,000 of them.&#8221;<\/p>\n\n\n\n<p>That hurt. At the 2024 standard mileage rate of 67 cents per mile, those untracked miles cost her over $12,000 in deductions.<\/p>\n\n\n\n<p>That&#8217;s when I showed her what I&#8217;m about to show you.<\/p>\n\n\n\n<p>The $7,432 Solution<br>There&#8217;s an app called <strong>MileIQ<\/strong> (and no, I&#8217;m not sponsored by them) that&#8217;s basically Tinder for your car rides. Here&#8217;s how it works:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>It automatically tracks every drive<\/li>\n\n\n\n<li>You swipe right for business, left for personal<\/li>\n\n\n\n<li>It calculates your tax deduction instantly<\/li>\n<\/ul>\n\n\n\n<p>Simple, right?<\/p>\n\n\n\n<p>The Real Numbers<br>Let&#8217;s break this down:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Average business owner drives 15,000 business miles annually<\/li>\n\n\n\n<li>At 67 cents per mile = $10,050 deduction<\/li>\n\n\n\n<li>In the 24% tax bracket? That&#8217;s $2,412 saved<\/li>\n\n\n\n<li>Plus self-employment tax savings of about $1,537<\/li>\n\n\n\n<li>Total tax savings: $3,949<\/li>\n<\/ul>\n\n\n\n<p><strong>But Wait, What About Actual Expenses?<br><\/strong>Yes, you can deduct actual car expenses instead of mileage. But here&#8217;s what 15 years as an Enrolled Agent has taught me: for most business owners, mileage wins. (Except for you, Truck owners \u2013 we need to talk!)<\/p>\n\n\n\n<p>Why Most Business Owners Leave Money on the Table<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&#8220;I&#8217;ll remember to log my miles later&#8221; (No, you won&#8217;t)<\/li>\n\n\n\n<li>&#8220;I&#8217;ll just estimate&#8221; (The IRS loves this\u2026 not)<\/li>\n\n\n\n<li>&#8220;I&#8217;ll keep a paper log&#8221; (Until you forget it exists)<\/li>\n<\/ul>\n\n\n\n<p>The Simple Solution<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Download MileIQ<\/li>\n\n\n\n<li>Let it run in the background<\/li>\n\n\n\n<li>Swipe rides during your coffee break<\/li>\n\n\n\n<li>Watch your tax savings grow<\/li>\n<\/ol>\n\n\n\n<p>But Here&#8217;s the Thing\u2026<br>The app is just one piece of the puzzle. To maximize your tax savings, you need a comprehensive tax strategy that looks at every aspect of your business.<\/p>\n\n\n\n<p>Want to know how much you could be saving?<\/p>\n\n\n\n<p>Email me at info@andrewsamaniego.com for:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A free tax savings estimate<\/li>\n\n\n\n<li>Current tax preparation pricing<\/li>\n\n\n\n<li>My &#8220;Top 10 Overlooked Business Deductions&#8221; guide<\/li>\n<\/ul>\n\n\n\n<p>Don&#8217;t let another year of deductions drive away. Your future self (and your bank account) will thank you.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"301\" src=\"https:\/\/www.andrewsamaniego.com\/blog\/wp-content\/uploads\/2024\/07\/image-1024x301.png\" alt=\"\" class=\"wp-image-94\" srcset=\"https:\/\/www.andrewsamaniego.com\/blog\/wp-content\/uploads\/2024\/07\/image-1024x301.png 1024w, https:\/\/www.andrewsamaniego.com\/blog\/wp-content\/uploads\/2024\/07\/image-300x88.png 300w, https:\/\/www.andrewsamaniego.com\/blog\/wp-content\/uploads\/2024\/07\/image-768x226.png 768w, https:\/\/www.andrewsamaniego.com\/blog\/wp-content\/uploads\/2024\/07\/image.png 1536w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>Andrew \u201cDriver Saver\u201d Samaniego, EA,<\/strong>\u00a0<strong>CTRC<\/strong><\/p>\n\n\n\n<p><strong>Andrew Samaniego Tax Planning &amp; Resolution<\/strong><\/p>\n\n\n\n<p><a href=\"tel:(619)268-1084\" target=\"_blank\" rel=\"noreferrer noopener\">(619) 268-1084<\/a>&nbsp;&nbsp;|&nbsp;&nbsp;<a href=\"https:\/\/www.andrewsamaniego.com\/tax-planning-services\">AndrewSamaniego.com<\/a><\/p>\n\n\n\n<p>P.S. Tax season starts in two weeks. The earlier you get your strategy in place, the more you&#8217;ll save.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last week, while my 9-month-old Kainalu was &#8220;helping&#8221; me sort tax documents, I remembered something crucial that most business owners overlook. It wasn&#8217;t the stack of receipts on my desk or the 1099s in my inbox \u2013 it was sitting right in my pocket. But first, let me tell you about Sarah, a real estate [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-321","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-uncategorized","7":"entry"},"_links":{"self":[{"href":"https:\/\/www.andrewsamaniego.com\/blog\/wp-json\/wp\/v2\/posts\/321","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.andrewsamaniego.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.andrewsamaniego.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.andrewsamaniego.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.andrewsamaniego.com\/blog\/wp-json\/wp\/v2\/comments?post=321"}],"version-history":[{"count":1,"href":"https:\/\/www.andrewsamaniego.com\/blog\/wp-json\/wp\/v2\/posts\/321\/revisions"}],"predecessor-version":[{"id":323,"href":"https:\/\/www.andrewsamaniego.com\/blog\/wp-json\/wp\/v2\/posts\/321\/revisions\/323"}],"wp:attachment":[{"href":"https:\/\/www.andrewsamaniego.com\/blog\/wp-json\/wp\/v2\/media?parent=321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.andrewsamaniego.com\/blog\/wp-json\/wp\/v2\/categories?post=321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.andrewsamaniego.com\/blog\/wp-json\/wp\/v2\/tags?post=321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}