With just one tap. Each year the average driver deducts over eighty four hundred dollars and businesses can save over 100 hours of manual work and with 80 000 plus 5 Star reviews.

Bottom Line. If you're looking for an automatic mileage tracker for mileage reimbursement or tax purposes and don't need accounting or expense tracking, then MileIQ is right for you.

MileIQ offers three pricing options built for your needs: Absolutely free: 40 drives every month. Monthly plan: $5.99 a month for unlimited drive tracking, mileage logging.

With one swipe classification. It's easy to sort your trips into personal or business categories just swipe right for business. And left for personal and you're done.

Depending on where the last location info came from (like a cell tower or a Wi-Fi hotspot) and where the next data point pops up, there can be up to a mile (1.6 km) of distance for MileIQ to know a new trip has started. Sometimes, drives under a mile (1.6 km) might be missed because of this slight variation.

The IRS specifies: At the start of each trip, record the odometer reading and list the purpose, starting location, ending location, and date of the trip. After the trip, the final odometer must be recorded and then subtracted from the initial reading to find the total mileage for the trip. 4.

MileIQ consumes almost no power when stationary (as it quickly goes to "sleep"), and it will only minimally increase battery consumption when in transit. Assuming typical battery consumption of 5% per hour, driving with MileIQ would only consume an additional 1% or less over that hour.

Begin automatic tracking: MileIQ uses GPS technology to automatically log your business or personal mileage. Whenever you drive, the app detects the start and end of each trip and logs the distance traveled.

How does the mile tracker work? The Ticker mile tracker plugs in to your vehicle's Onboard Diagnostics (OBD) port. The device then sends us mileage data from your odometer and you'll track your mileage and journeys in the Ticker app. We're only interested in the number of miles you drive – not how you drive them.

"DMIs are more accurate versus an odometer." said John Roberts, ADOT's Systems Technology Manager. "Odometers are considered accurate within 10 percent." In other words, if you travel 100 miles, your odometer can be off by up to 10 miles. DMIs, however, are accurate to within one foot, Roberts said.

How to calculate mileage reimbursement for employees? To calculate your reimbursement as an employee, multiply your business-related miles by the mileage rate your employer reimburses you at.

U.S. On November 5, 2015, Microsoft announced that it had acquired MileIQ for an undisclosed amount.