I’ve been traveling a lot more this year attending business meetings and networking events. Up until now, I’ve never really needed to track my mileage; but with the current mileage rate for 2017 being a whopping 53.5 cents per mile, I decided it’s in my best interest to track it.
Tracking mileage can be a pain in the you know what most of the time – at least it always was for me, because I’d forget to write it down. Then I’d have to total it up at the end of the year. Until now …
Now I track my mileage with MileIQ. One of my sons first introduced me to the handy little phone app when I helped him with his taxes. Then I started hearing other small business owners talk about it, so I tried it out.
It’s awesome. It automatically tracks your miles as you drive. After you arrive at your destination, the screen pops up and you swipe to the right for personal miles or to the left for business. Easy peasy! The app keeps track of where you’ve been and how many miles you’ve logged and what the dollar amount. You can use the app for multiple vehicles, set recurring trips up to automatically categorize for business or pleasure, and quickly view reports for business, personal or both!
You can easily create customized reports too. Just imagine quickly running a report for your mileage each month to keep track of your expenses, and presenting your accountant with a finalized report at the end of the year instead of having to tally up the miles in your mile log (or guessing!) You’ll be happier at tax time, and so will your accountant!Tracking your mileage for business is smart. It can be easy too!Click To Tweet
The MileIQ app is free for up to 40 trips per month (bear in mind traveling to and from a destination count as 2 trips, and also counts any stops in between as a trip), but you can get the paid plan with unlimited trips for only $5 per month!
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