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MileBug -A great mileage tracker! v1.0 - this app is used to track your tax-deductible mileage

When you are in the job and you have to do fair amount of driving around town. For tax purposes, it’s really important to track the miles you drive for work, and to do it right you need to record the odometer readings. This MileBug application help you in taking tack of odometer readings for the start and end of each trip, and you can do so for multiple vehicles. MileBug lets you track trips by Business, Destination, and Purpose and set presets for each of those items for quick entry. You can setup reimbursement rates for each business if you need to track rates for the standard federal tax deduction for some trips and a corporate reimbursement that may have another rate for other trips.

MileBug will automatically start the next trip from the last known odometer reading to save a little time. Instead of just running from 0 to 9 MileBug update your mileage when you roll past 9 on one or more of the digits. It makes you easy to track your tax-deductible mileage at fingertips. This is a nice little application that does a good job in easy way. Just you have to enter the whole detail of your trip. It takes some time. IRS tax deduction rates just went up to 58.5 cents per mile for the rest of 2008. By keeping track of miles you drive take advantage for that. You can watch the money add up with each addition to your trip record.

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