Mileage travel expenses refer to the costs associated with using a personal vehicle for business purposes. These expenses may include gas, oil, repairs, parking fees, tolls and other related expenses. To make sure that your business is compliant with state and federal tax regulations, it’s important to keep track of all mileage-related costs carefully and accurately. You can do this by noting down the odometer readings at the start and end of each business trip, along with an itemized list of any other relevant expenses incurred during your journey. By doing so, you will be able to maximize deductions and minimize taxation burden on your business.