Technology is constantly pushing forward, creating new ways for small-business owners and self-employed entrepreneurs to manage their finances in a simple, digital way. Tracking mileage for taxes has always been a pain, but with an automatic mileage logbook app, you can create your digital mileage log book in no time – all IRS approved.
A new era of tracking mileage for taxes
No longer do you have to track your miles with pen and paper or using an old-fashioned Excel spreadsheet. With a simple mileage log app, you can track your business mileage for tax deduction purposes as you drive, using one of many automatic tracking methods that suit your needs.
It’s simply more efficient to track your miles digitally – keeping a paper vehicle mileage logbook takes a lot of time and effort, which can be spent more productively instead.
Printable vs. Digital mileage logbooks
Mileage logging has come a long way since the first mileage tax deductions were introduced. Printable copies are slowly getting out of use – with digital mileage logbooks replacing them.
Innovative mileage apps can generate an IRS-approved mileage log for digital storage, keeping your documents in check in case of an audit. Apps like MileageWise also offer past mileage reconstruction based on your previous journeys and destinations.
Keep an IRS-compliant automated mileage log with MileageWise
MileageWise is an all-in one mileage tracking app, with powerful AI-driven technology for forgotten mileage recovery and 3+1 automatic tracking modes, including Bluetooth tracking, movement monitoring, and Plug’N’Go tracking, which allows drivers to simply plug their phone in for charging to start tracking, and unplug to stop.
On average, business owners can save $12,000 in mileage tax deductions per car every year, as long as their logs are audit-proof. MileageWise offers VIP logbook preparation service, and you can try it out for free for 14 days with all the functions unlocked. You can find MileageWise mileage tracker on Google’s Play Store and Apple’s App Store.