Miles

Miles is a mobile app that automatically tracks and logs mileage for business purposes. Miles users can now create and export their mileage logs without the need of manual input. The use of Digital Sandbox funds will allow Miles to complete its beta product in early 2016.

Mileage is one of the most difficult transactions to track and prove, and is often most susceptible to audit. Due to the inconvenient and inefficient nature of tracking these trips, many people use the percent method when figuring out their mileage deductions. “I used my car for about 80% business and 20% personal.” This format does not meet IRS guidelines and could result in the IRS denying an entire mileage deduction, potentially costing thousands of dollars in taxes. This is a problem for small business owners, contractors, freelancers, sales team, business development and many more.

Miles creates automated reports that detail the following critical pieces of data for mileage reports

  • Travel date
  • Total Mileage Driven
  • Locations driven
  • Business purpose notation
  • Client association

All of this is done automatically while running quietly in the background of a phone. Users can easily generate reports that can be given to an accountant or used for reimbursement.

“Thanks to the support of Digital Sandbox, we will be able to complete our beta builds for both iOS and Android devices. The connections brought by Jeff and his team have already kicked off discussions with several strategic partners,” said Lance Windholz, founder of Space Raptor, the developer of Miles.