NO MORE MISSED TRAVEL DEDUCTIONS from your Windows computer AND iPhone/iPod Touch
More Info
* FOR INDIVIDUALS --> Yes.
* FOR BUSINESSES --> Yes: schools, medical, insurance, and governmental agencies.
* DROP DOWN LISTS --> For mileage type, rate, round trip, cash / credit, and status.
* EXCEL COMPATIBLE --> Import / export to and from Excel.
* EXPENSE REPORTS --> Create single or aggregated reports.
* EMAIL --> Send reports with one click via email.
* BACK IT UP --> Backup handheld data to desktop using wireless Wi-Fi or 3G network. Also backup desktop data to handheld and synchronize the two.
* NOTES --> For each trip.
* CUSTOMIZABLE MILEAGE RATES --> Insert *any* rates desired: IRS, your company's reimbursement rate, and etcetera. (Currently loaded with IRS rates for 2009 & 2010. Next version coming soon with 2010 and 2011.)
* TRACK ALL THIS --> Date, purpose, to / from, type (business, personal, etc.), odometer readings or number of miles, single or round trip, mileage rate, lodging, cost of meals, airfare, parking, cabs / rental cars, miscellaneous costs such as tolls, cash / credit, and etcetera.
Why An Expense Log
Never a more important time for yourself or business to track expenses. Consider:
* IRS audits are increasing each year (per some reports).
* The IRS is suspicious of any deduction.
* YET allowed deductions for travel expenses have never been higher (with a log).
System Requirements (computer version)
* Windows operating system
System Requirements (mobile version)
(iOS 2.2.1 and later)
* iPod Touch (Generations: 1st, 2nd, 3rd, and 4th)
* iPhone (Original, 3G, 3GS, and 4)
* FMTouch plugin (*only* for combo version) (available from Apple iTunes App Store) Get It Here
Language
* English
Record keeping is critical for individuals. It is even more so for schools, medical, insurance, and governmental agencies. The IRS is suspicious of any deduction so if a record can be quickly retrieved the stress is much reduced. If you are prepared with a travel management system that lets you keep track of all your expenses separated on trips - business, medical, moving, charitable, and personal, life will be so much less stressful. You ought to consider an Iphone or iPod Touch app and enter data as expenses are incurred. View all your data with no internet connection required.
Now is the time to carefully watch spending and deductions more than ever. At the same time, deductions for travel expenses have never been higher. You can't afford to miss out on all the deductions allowable by the Internal Revenue Service to reduce your taxes. That requires an itemized expense log for documentation.
Some IRS Travel Log Apps for your Iphone or Ipod touch makes record keeping easy, fast, and efficient. And the ability to have the log with you wherever you are - on the road, on a plane, in a restaurant, or at home on your desktop computer - just helps to keep you from missing any of those deductions. A good comprehensive travel management system lets you keep track of all your trips - business, medical, moving, charitable, and personal. Some IRS Travel Log Apps will go on your iPhone or iPod Touch and data entry for expenses are easily input with no internet connection required.
For each trip you can keep track of the date, purpose, to/from, type (business, charitable, medical, etc.), odometer readings or number of miles, single or round trip, mileage rate, cost of meals, airfare, parking, cabs/rental cars, miscellaneous such as tolls, cash/credit, notes, etc. You can enter the amount reimbursed for mileage and other expenses, showing the amount that is then deductible. Each trip can be marked "pending" or "complete." Travel Logs have just the right mix of preset and flexible features: Current IRS mileage rates for 2009 and 2010 are already preloaded so calculations may be done immediately. (2010 and 2011 IRS rates available in the next version coming soon.); Some items may be auto-entered; Some are selectable radio buttons or drop down lists with common choices could be included. Some versions can begin typing and filling in data with type ahead functionality and be transmitted to a companion desktop version of the Travel Log. Yet, you have the ability to modify appropriate choices to suit your particular needs and update mileage rates, for example, when the IRS makes a change to its schedule or to enter the mileage rate your employer allows or the difference between what your employer reimburses and what the IRS allows.
Stay cool with one in your hand and forget the two in the bush.