Tag Archives: taxes

MileLogr is already worth $1674 – Applying Lean Startup

April 17, 2012
Startups
7 Comments

Last Fall while driving to a meeting I was struck with this idea for a service that would help self-employed people and small businesses track automobile mileage in order to get a tax deduction. As I was leaving the Borg I found myself driving all over hell and back meeting with business partners, startups I was advising, and business events such as Lean Startup Seattle meetings. I knew the mileage was deductible but keeping track …Continue reading →

Use the 520 Bridge Toll to MAKE money

January 3, 2012
Startups
10 Comments

If you are self-employed or travel for business (not commuting) the IRS will allow you to deduct 55.5 cents a mile. The only trick is you need to track the business miles you drive and be able to produce a detailed log for your return. I have a whacky product idea that will make it brain-dead-simple for people to generate a mileage log at tax time. If I see enough interest it may push me …Continue reading →