How do I track mileage reimbursement?
Government employees, businesses with traveling salespeople, independent contractors, individuals who write-off a portion of their driving for taxation purposes, and many others all have to document mileage in order to access tax deductions. For years, the primary method people documented driving records was through the archaic method of pen and paper. Mileage journals, although simplistic and time-consuming, have provided an effective and reliable route for people to separate personal from business mileage driven. The only issue with driving journals is that the documentation is far from pinpoint accurate and can be subjective. This is why so many businesses, government employees, and everyday motorists are packing up the journals and instead opting for something far more efficient in a mileage tracking device for car.
Top 5 Free Mileage Apps For Log Books & Expense Reports
If you are looking to track your miles, trips per month, or simply maximize your tax deduction, here are the 5 best mileage tracking apps for small businesses:
- MileIQ: Perfect for accurate mileage documentation
- Everlance: Mileage tracker app to deduct business expenses
- Hurdlr: Automatic mileage tracking
- Mileage Expense Log: Business owners can use this mobile app for tracking your mileage
- Stride: Great for self employed or if you want to record IRS mileage
How To Track Mileage For Work
When it comes to recording driving activity and mileage driven in detail no device is more accurate than a GPS tracker. This is because business mileage tracker devices use satellite technology to determine how fast a vehicle travels, locations a vehicle arrived/departed, mileage driven and so much more. In fact, some of the more advanced real-time GPS systems can even categorize mileage driven by state! However, it is important to note that mileage tracker devices for expenses come in two different types: active (real-time) and passive (data logger). Therefore, any person or business interested in using business mileage tracker devices to calculate driving records for tax purposed should first understand the basic differences between the two types of GPS systems to find out what type will best suit their individual needs.
GPS For Mileage No Monthly Fee
Why Business Owners Prefer No Fee Tracking System Solutions
- No Service Fees
- Extended Battery Life
- Easy Plug & Play USB Download
- No Activation Fees
- Updates Every Second
- Basic Mileage Reporting By Day/Week
GPS Mileage Tracking Device
When using GPS data loggers, motorists will be required to take the business mileage tracker device out of the vehicle roughly every couple weeks and download driving activity to their computer using a USB connection. Once data is transferred the daily driving reports can be viewed. These reports will break down driving mileage by the day as well as other vehicle activity such as speeds driven and more. These files can be saved to the desktop for later use or emailed over to those looking to view mileage records. On the other hand, real-time GPS trackers such as the SilverCloud is completely web-based. This means no software or USB connection is needed to download data. Instead, complete driving activity is viewed online and housed on off-site servers. Personal tracking data is also stored for life on the server so if the IRS asks for driving records four years in the past it is easy to pull them up and provide them to auditors. The mileage reports can be saved in an HTML or PDF file so managers or anyone interested in reviewing them can quickly do so.
With reliable and accurate GPS tracking data recording driving activity, calculating mileage has never been easier.
Live GPS Tracker For Business Vehicles
- Live Updates Data Stored For Life On Servers
- Mileage By State Reports
- Mobile Phone Access To Driving Data
- Instant Access To Driving Data
Check out the field employee tracking apps available for businesses tracking mileage for taxes!
Business Mileage Tracker
Businesses or consumers wanting a mileage tracker, GPS data logger, or sophisticated real time GPS device that can provide comprehensive data will find that there is a device to meet their needs. Businesses or families looking to gather more information about what GPS car tracking solution is best suited for them are encouraged to speak with one of the vehicle tracking experts at GPS Tracker Shop for assistance.
Sage is a freelance writer with a background in information technology.