Tax Guru – Ker$tetter Letter

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Archive for the ‘gadgets’ Category

Recording Mileage

Posted by taxguru on August 20, 2009

While keeping track of financial matters is relatively easy with QuickBooks, logging a year’s worth of trips in order to document business usage of a vehicle is a much more laborious task.
I don’t have an iPhone and have no plans to get one; but as a life-long gadget freak, I have been intrigued by the growing list of applications being developed for it. In the latest Intuit newsletter, I just saw an ad for this app called Tap2Track Mileage that is supposed to use the iPhone’s GPS capability to keep a log of vehicle trips that can produce an Excel spreadsheet that will be very useful at tax time.
This reminded me of a much more complicated gadget that was available in the mid 1980s for logging vehicle miles. That contraption required installing magnets onto the vehicle’s drive shaft to record mileage on a device inside the vehicle, producing a paper listing of miles driven for business, medical and charitable purposes. If I remember correctly, that product sold for around $500; much more than the $3.99 this new app sells for.

I would be very interested in hearing from anyone who uses this new app as to how accurate and convenient it is in real life usage.

Posted in gadgets, Vehicles | Comments Off on Recording Mileage