Business

As the IRS seeks ways to increase revenues, make your mileage audits bullet proof with MileageTraks*. IRS 15-B & 463 have specific requirements for mileage reporting. Failure to comply could result in fines, penalties and or back taxes for employers and employees at audit time. MileageTraks* protects you with state of the art GPS mileage documentation. Off duty privacy is assured with MileageTraks* Reporting Technology.

 

With its real time stream of data, MileageTraks* also enables individual business managers to be certain that all mobile employees are being productive. MileageTraks* provides the necessary tools for expense control, mileage reduction, route management and automated trip reporting for employees who drive fleet or personal vehicles while on duty. Speed notifications help employers manage risk.

 

For Company Owned Vehicles, MileageTraks* documents all miles and enables the electronic separation of business and personal miles. Approximately 20 % of all miles are personal and considered a taxable fringe benefit that must be accounted for. MileageTraks* reduces fleet expense by enabling the true cost of personal use to be shifted to the employee. It also provides the tools to verify that personal miles, such as commuting, are reported correctly.

 

For Employees Seeking Mileage Reimbursement, MileageTraks* documents all business miles but affords employee privacy when off duty. Expenses are kept under control as only verifiable miles in accordance with company policy become eligible for reimbursement. Enjoy a simple break even by saving just 3 miles a day.

 

No other solution delivers the ability to keep you out of trouble at mileage audit time while improving your bottom line like MileageTraks* does. Call or email today to see what MileageTraks* can do for your company.

 

*Patent Pending