Despite the much ballyhooed drop in the IRS’ standard mileage rates for 2010, they’re still not bad. For 2010, the rates are:
- 50 cents per mile for business miles driven
- 16.5 cents per mile driven for medical or moving purposes
- 14 cents per mile driven in service of charitable organizations
Yes, the rates are slightly lower than last year’s rates but that’s because the cost of travel has declined (that’s a good thing, right?).
The key to taking advantage of these rates is to track your mileage. Easier said than done, right?
That may be changing. A new app for the iPhone, automilez™, now generates mileage logs for you after each trip – no more scrambling for a pen in your car. It’s a GPS mileage logging and online log management service, so it measures your mileage for you – you just have to say what it’s for. If you use the pre-selected categories, it will even calculate the total tax deduction for the trip. The app will email you the data.
Granted, I haven’t seen it in action but it sounds pretty cool. If you’re itching to give it a try, you can do it for free. There’s no charge for the app: you can download it from the Apple store. If you don’t have an iPhone, don’t fret: automilez™ for Blackberry, Windows CE, Palm Pre and other platforms are currently in development.
If you want to add more functionality to automilez™ – or if you don’t have an iPhone – you can keep track of your mileage online using Logbook. Logbook is a web application (offered by the same company) that allows you to track and store mileage online. You can get a sense of the features by checking out the screenshot below:
Or you can visit the web site. Logbook retails for $36 and you can buy it online.
OR you could win a copy as part of the first taxgirl giveaway of tax season (imagine trumpets something majestic blaring here)!
Matthew Walton, the owner of the company that distributes Automilez and Logbook, has agreed to giveaway two fully functional versions of Logbook, one each for two lucky taxgirl readers. It’s easy to enter. Just answer this question:
I’ll choose two winners randomly (using a number generator) out of all of the qualifying entries. Here are some more rules because, you know, I’m a lawyer and I like rules:
- Post your comments below by 5:00p.m. EST on Tuesday, January 12, 2010 (you’re welcome to post outside of the time frame, too, you just won’t be considered for the giveaway). It can be as long or as short as you want. Please don’t include any personally identifying information in the comment that you don’t want made public (your AGI, address, etc.).
- Time stamps apply whenever you leave your comment, not when your comment is approved. If your comment goes to moderation, don’t panic. A comment waiting in the queue will still qualify.
- Offensive comments – or comments that otherwise violate my comment policy – will be deleted and will not be considered valid for purposes of the contest. Even I have standards.
- Pingbacks and links on their own, while appreciated, don’t count. And spam clearly doesn’t count.
- I will randomly select a winner from all of the qualified entries for each giveaway post. I’ll let you know if you’re a winner.
- If any person declines their prize or fails to qualify, the next qualified entrant will win.
- Only those residents of the US can qualify for the prize.
- Enter as many times as you like – but you must post a different story or comment each time.
- You must include your full name and your email address with your entry at registration. I won’t publish your email address, but I do need contact information for the winning entry. I respect your privacy, and I will not send you anything unrelated to your entry in this contest.
- By entering the contest, you agree that I may post any part or all of your submission including your name as a part of the contest announcements or promotions, with the exception of your email address.
(Disclaimer: I did not receive any compensation in exchange for this post, not even a free cup of coffee – there are never, ever any paid endorsements on my sites. I don’t have an interest in the company – the app just caught my eye. And no animals were harmed in the making of this post.)
I’m looking forward to reading your entries, so post away!