Vulocity Introduces an Automated and Simplified Mileage Log for Itemized Tax Deductions
Professionals who need to log driving miles now have a simple yet high-tech alternative to the hassle of keeping track of business mileage
Torrance, CA (PRWEB) April 3, 2008
Vulocity, a technology integration company, is now offering a new tool that makes it easy for anyone who must maintain a mileage log (http://www. mileagelogger. com) for business. The Mileage LoggerTM is a fully automated system that automatically tracks driving mileage for every trip with no need to install software or download anything. The system transmits the mileage data to www. mileagelogger. com where users can login, add notes as needed, and retrieve trip log. It employs interactive mapping to help users allocate whether the mileage is for business, commuting, personal use, medical or charity. With this GPS based mileage tracker, users can edit and print out reports from the web site to accurately substantiate tax deductions for business mileage.
"I've always used the old pen and paper method to track my mileage," says Brandon Lansford, long time real estate appraiser who generally drives 25,000 - 30,000 miles a year. "On every job, I'd have to go back and look at the odometer mileage of what I drove. The trouble is when you get in a hurry, you forget to set the odometer mileage tracker (http://www. mileagelogger. com) back to zero. And human nature being forgetful, I wouldn't record the mileage for every single trip. I'd estimate it if I could, or just have to let it go." This antiquated mileage tracker method leads to lost tax deductions and a tax bill that's higher than necessary.
When it comes to itemized tax deductions, indisputable documentation is vital. Any sign that suggests a lack of credible evidence can lead to the "red-flagging" of your tax return, a possible audit and, if the audit reveals doubts about your supporting documentation, a decision against you, resulting in your owing considerable taxes, interest and penalties which you might not have otherwise owed. Statistics show that tax deductions for travel, auto and entertainment are at the top of the IRS' target list because it is all too common for people to either fail to keep the required documentation or to list tax write offs that have questionable business purposes.
Oftentimes the most recurrent of these types of tax deductions is mileage driven for business--and oftentimes it is the most cumbersome to track. This is because maintaining a traditional mileage log book usually depends on something inherently faulty: human memory.
"The Mileage Logger goes on automatically when I start driving," says an Austin, Texas real estate agent who used to have to estimate mileage. "At the end of the month, I go online and simply delete those trips that weren't business-related. The reports are probably the biggest advantage of the product."
For salespeople, real estate agents, real estate appraisers, financial planners, home health aides and others who claim mileage tax deductions (http://www. mileagelogger. com), the Mileage Logger could be a useful tool to improve tax and businesses records, as well as help to ease some of the pain associated with soaring gas prices.
For more information contact:
Laurian Stoicoviciu
Phone: (866) 665-1200
Fax: (512) 282-1214
Email info(at)mileagelogger. com
Www. mileagelogger. com
Austin, TX, 78747
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