Business Mileage Tracker
Last updated on August 14th, 2018 at 11:53 pm
Everlance was created to help alleviate the time-consuming task of manually logging business mileage for each and every business trip. Over 250,000 users agree, Everlance is the best business mileage tracker app and only improving.
Why do I need a Business Mileage Tracker?
With the rising price of gasoline, drivers are more intent than ever on being reimbursed for every mile from tax deductible trips, whether as an employee or freelancer. After all, the costs are being passed on to them for a business purpose – why not deduct it or get reimbursed?
From Uber & Lyft drivers to pizza delivery to medical sales, an accurate mileage log is critical for deductions & reimbursement and there is no better app on the market for this than Everlance.
See how Everlance automates the task of tracking business mileage and expenses, while saving you time and money (over $6,500 on average) without any extra effort on your part.
The Old Way vs. The New Way: Manual Mileage Log Vs. Automatic Business Mileage Tracking
With the advancements in technology [GPS, Smartphone] you no longer need to use a pen-and-paper mileage log to keep track of your business miles. Everlance does this automatically by detecting each drive and logging the mileage.
All you have to do is swipe left or right to classify the trip as either business or personal! It’s that easy.
What Must Be Tracked In Order To Deduct Business Mileage For Tax Purposes?
Proof of miles and expenses is required by the IRS and many driver that need business mileage tracking do not keep an accurate log. With trip automation and expense tracking, Everlance lets your eliminate the need for the shoebox of receipts and the paper mileage log.
- The amount of such expense
- The time and place of the travel
- The business purpose
IRS Mileage Rate
Beginning on Jan. 1, 2017, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:
- 53.5 cents per mile for business miles driven, down from 54 cents for 2016
- 17 cents per mile driven for medical or moving purposes, down from 19 cents for 2016
- 14 cents per mile driven in service of charitable organizations
- Read more about the current IRS Standard Mileage Deduction
How to track business mileage with Everlance
I bet you think this is going to be long and involved and that a ton of setup will be needed or you’ll have to babysit the app constantly to get the best results.
Well, we’re sorry to disappoint you but it’s so easy to use Everlance that anyone can do it.
Once you download Everlance from the App Store or Google Play all you need to do is sign up for the service. You can sign up for a free account with up to 30 tracked rides each month & unlimited receipts + storage, or upgrade to Premium for many more automated features and unlimited rides.
Once you do that Everlance runs in the background on your smartphone, and using GPS will automatically detect each drive. When your drive is completed you will be prompted to swipe left or right to classify the mileage as either business or personal.
Professions That Can Use Everlance To Track Business Mileage
- Uber & Lyft Drivers (Ridesharing)
- Delivery (Pizza, Documents, Couriers)
- Real Estate
- Medical Sales
- Field Sales (traveling salespeople, territory managers)
- and so many more!
And keep this in mind. It’s not just “business mileage” that is deductible. Any miles driven for charitable work, medical reasons or even moving can be deducted from your taxes. You just need to know the rules for each deduction you’re planning to take and to keep proper records.
This is why Everlance is the best tool for this job, because it keeps the records for you automatically. All you have to do is swipe left or right when you’re done with your drive.
Expense Tracking For Business
Everlance is more than just a business mileage tracker!
Need to keep track of fuel costs? Tolls? Other business expenses while driving? What about all of those paper receipts? Everlance can take care of this automatically. Simply link your bank or credit card to the app and Everlance does all of the work!
For receipt tracking, it’s simple. All you have to do is take a picture of the receipt and we store it forever. No more paper mess. No losing receipts. One quick photo and that’s all you need to do to keep those receipts safe in the cloud and ready to report to the IRS or your employer. Tracking business mileage is one thing, but you need the whole picture to get the biggest deductions, and speaking of deductions, Everlance helps our average user find over $6,500 in deductions each year.
Business Revenue Tracking
Everlance isn’t just for tracking business mileage and expenses, it’s also about tracking the revenue that’s associated with your business trips.
What does this mean? Here’s an example.
Let’s say you’re a wedding photographer that has a destination wedding 250 miles away from your home or office. You already know that you can write off the mileage, and you’ve got an app for that (Everlance!) but there’s a lot more to this trip.
- You have to have the right gear.
- You have to be in the right place at the right time.
- You need to get paid.
Step 1 may be tax deductible, depending on the purchase.
Step 2 is going to involve fuel at minimum.
Step 3 is going to be your fee and this is what Everlance can help you with as well, getting the entire picture.
Simply input the amount you earned and we’ll do the rest!