Mile IQ is my go to source for tracking the mileage for my business.
Did you know that you can write off your mileage as a business expense? According to the IRS, the standard mileage rates are 54.5 cents per business mile.
Basically, every time you drive to and from a wedding or session you get to use that as a deduction at the end of the year… and that can save you a LOT of money, especially if you travel for weddings!
To put it in simple terms, for every hundred miles that you drive for business (weddings, engagement sessions, client meetings, etc.) you are allowed to reimburse yourself $54.50. And that can add up pretty quickly!!
Keeping track of your mileage can be a total headache. However, I wanted to share with you this super easy app I’m using in my business to track my mileage.
It’s called Mile IQ!
So, let’s talk about how you can track your business mileage by using this incredible resource!
Mile IQ is an app that runs in the background of your phone and tracks every time you drive from one location to another. Then, all you have to do is classify your trips as either personal or business. At the end of the month the app will email you a report with all your drives that month. Keeping track of your business mileage has never been this easy!
If you want, you can try Mile IQ for free by clicking here. When you create your account you’ll get 40 free drives every month. If you ever decide to upgrade you’ll save 20% on your annual plan by using my referral link.
How awesome is that?!
I’ve been using the Mile IQ app for years now and it has been such a life saver for my business! No more manually tracking your miles for taxes or reimbursement. Check out Mile IQ today!
