APP
OF THE
DAY
MileIQ: Mileage Tracker & Log
Auto-Track Car Miles & Driving
Tracking business mileage expenses can take almost as long as the drive itself—which is why MileIQ is so handy.
The app live-tracks your drives as you make them, assembling a trove of data to use at tax time. And this wonderful service somehow happens in the background of your iPhone: After you set up your MileIQ account and allow access to your location, all you have to do is drive.
MileIQ knows you’re not always driving for work, so it offers a slick way to maintain your work-drive balance: After you complete a trip, swipe right to tag it as business-related, swipe left to tag it as personal. If you like, you can also give each trip a more specific label.
That’s really it. Every month, MileIQ will send you a summary of your total mileage—and the amount that can be deducted from your taxes. When tax season rolls around, you can simply send the summaries to yourself or to your accountant.
The app is free for the first 40 drives; anything further requires a subscription. And there’s one last bit of happy tax news: The cost of the app can be counted as a business expense.