App Review: Mile Wiz Business mile tracker
For all of you that use a company car, you will all know about the fun times at the end or beginning of a month when your accounts team as you to tally up all our mileage and what was used for business and what was used for picking up the kids from school.
Yes, this can be a painstaking time, where the fear of getting the wrong figures and nothing tallying up is high! There are many apps out there that can help with this.
However, the question is "which one!?"
If you have an iPhone or Android device, you will find there are many apps out there in the stores that offer this service. There is one in particular, that seems to stand out above the rest is the MileWiz app by SILVERWIZ LLC.
MileWiz catches every mile you drive, automatically!
You can categorise trips or tell MileWiz how to categorize them for you, based on your working hours or the places you visit. The only drawback found when using in the field is with trains. With these journeys, you will need to ensure the app does not start automatically recording the trip!
Who will this app benefit?
• Self-employed : if you drive your personal car for business purposes, you need MileWiz so you can get tax deductions on the business trips.
• Small business owners : whenever you are out with your car doing something for your business, you need MileWiz so you can get tax deductions on the business mileage.
• Company employees : if you drive your personal car for company purposes, you can get reimbursements for your miles, gas, parking and tolls.
What is the app good for?
Tax Deductions - Driving your car for personal & business purposes?
You are eligible for tax deductions! IRS deductions are 53.5c per qualifying mile in 2017. Driving 30 miles a day can save you $4,000 per year on your tax return. MileWiz helps you keep track of your drives and allows you to easily classify them as business or personal.
Driver Reimbursement - Driving a company car?
Get your employer to reimburse your travel expenses. MileWiz will help you separate your personal and business trips. You can also add expenses like gas, toll and parking and send monthly reports to your employer.
Features and Highlights
• Detect & log drives automatically, even when MileWiz is not started
• See your entire drive route on a map
• See drive distance and value
• Categorize drives with a simple swipe
• Ability to set conditions for automatic categorization
• Add Places that you visit often and set MileWiz to automatically categorize your trips to these places
• Configure working hours for automatic categorization
• Merge drives by pinching them together
• Add drives manually if you want to
• Track expenses for gas, tolls and parking
• Create as many categories as you want (MileWiz comes with pre-defined categories and their respective tax deductions for 2016, 2015 and 2014)
• Create as many clients as you want
• Tag drives
• Use multiple vehicles and drivers if you need to, with easy switching between them
• Generate reports by any criteria you want - be it a time period, driver, vehicle, tags, category etc.
• Export data to CSV
• Sync all your data between devices or just keep a cloud backup with SYNCbits. It’s free!
• Pause drive monitoring when needed
• MileWiz is IRS compliant
• Fanatical customer support, with average reply time of 4 hours
The application is free to download from both the Google and Apple play store with links below;
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