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Updated over 8 years ago,
MileIQ: Mileage Tracker for BIG Saving on Business Expenses
App: MileIQ (Mileage Tracker)
As a Realtor and Investor I drive a MASSIVE amount of miles each year. With my father being a
CFO that leaves me with little room for making excuses when tax time comes around.
That lead me from using a paper log track, (Bahh!) to finally landing on MileIQ.
Through MileIQ I saw that I was able to write of 95% of my miles compared to the normal 70% guess and hope I don't get audited.
Since MileIQ has helped me get big savings by automatically logging all of my drives I thought I'd write a post supporting MileIQ. They definitely deserve it!
Benefits & Features of MileIQ
Logs Miles Automatically:
- Automatic drive capture
- Accurate & reliable tracking
- Comprehensive mileage log
- Minimal battery use (this is very helpful)
Classify Drives:
- One-swipe drive classification
- Standard & custom purposes
- Additional drive details (vehicles, parking, tolls & notes)
- Bulk & automatic classification options
Customize it to fit your needs:
- Vehicles & odometer readings
- Editable mileage rates & units
- Work hours & custom drive purposes
- Email & notification preferences
Reports:
- Automatic & custom reports
- Integrations with Freshbooks & Concur
- Support for mileage reimbursement & mileage deduction
- Detailed drive history records
After using MileIQ for a full year I was able to customize all of my favorite stops.
For Example:
When I went to do my taxes I typed in "Home & Work" and classified hundreds of drives with 1 click!
Praise the Lord!
I'm going to write another post about MileIQ at the end of 2016 giving a report showing how many miles I wrote off and the big saving that followed!
As a thank you for reading the post here below are two gifts from myself and MileIQ.
FREE Downloadable E-Book By MileIQ.C:
Tax Planning for Self-Employed Business Owners & Independent Contractors
This book is 128 pages, so it doesn't play around! I liked how my wife and I were able to
see how to maximize our home office deductions.
This book help us save hundreds of dollars.
Thanks for reading!
Connor Ross