What is MileIQ?
What is MileIQ?
MileIQ is an automatic mileage tracking app that helps individuals and businesses save money on their taxes. The app uses GPS technology to automatically record every mile driven, making it easy to track and organize mileage for tax purposes.
How does MileIQ work?
MileIQ tracks every mile driven using GPS technology. Users simply need to download the app on their smartphones, and the app will automatically begin tracking every drive taken. The app classifies each drive as personal or business based on factors such as location and duration, and users can easily categorize drives and add notes or other details.
How can MileIQ help with taxes?
MileIQ makes it easy to track and organize mileage for tax purposes. Users can generate reports that show the total miles driven for business purposes, allowing them to calculate the tax deduction for mileage expenses. This can save individuals and businesses significant amounts of money on their taxes.
Is MileIQ free?
MileIQ offers both a free and a paid version of the app. The free version includes up to 40 drives per month, while the paid version offers unlimited drives and additional features.
How can I get help with MileIQ?
Users can get help with MileIQ by visiting the Help Center within the app or by contacting support. Support can be reached by email, phone, or chat.
Conclusion
In summary, MileIQ is a powerful mileage tracking app that helps individuals and businesses save money on their taxes by tracking and organizing mileage for tax purposes. The app is easy to use and offers both free and paid versions. If you need help with MileIQ, support is available through the app or by contacting the support team.
Frequently Asked Questions about mileiq
MileIQ's app keeps track of your mileage and stores it in the cloud. You can receive a detailed recent-month or a year-long mileage report with a single swipe on your mobile device, which is a user-friendly feature.
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. It can be easy to forget to log your business drives from time to time, so it's nice to have a simple automatic mileage tracker like MileIQ.
Microsoft
MileIQ
Official MileIQ logo |
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MileIQ drive feed |
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Key people | Chuck Dietrich (CEO) |
Products | MileIQ mobile app |
Parent | Microsoft |
I'm pleased to announce that Microsoft has acquired Mobile Data Labs, creator of the popular MileIQ app and an innovator in intelligent productivity solutions for mobile professionals.
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.
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.
Consider the costs of mileage tracking apps
Apps like MileIQ can be off by 20% or more of your miles.
And we can say customer. Visit we can do the same for personal. So if you swipe left and hold you can say charity expenses once you classified all of your rights. You can send yourself a report.
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.
MileIQ automatically tracks and records your mileage in the background as you drive your car for business. MileIQ is the easiest most accurate way to create logs that follow IRS mileage standards. By default, MileIQ works with Microsoft Entra ID.
MileIQ is a cloud-based application that automatically tracks and categorizes a user's mileage while driving for business or personal purposes. It significantly aids in tax preparation by keeping track of mileage, estimating the worth of trips, and generating comprehensive reports.
First Inaccuracy: Your mileage is way off
Since you are moving and driving around, but the app doesn't know it, obviously your trips aren't going to match your odometer. Just how much it's off will depend on a lot of factors. But we've seen trips that were 65 miles only get recorded at 52 miles.
It makes it easier to manage your expenses. If an employee is in an accident, having records of your mileage helps you determine who was at fault. It also helps in tracking business-related trips, such as visiting clients or suppliers. Business mileage deduction.
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.
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.
Most mileage trackers let you log your journeys manually while calculating the distance and reimbursement amounts for you. Many also come with real-time trip tracking - you need to start the app at the start of your journey and stop it when you reach your final destination.