What do our users say about ZUS Mileage Log?
Sabastian H. is an account manager working in a Laboratory supply company. He spends 10-12 hours a day on the road, calling on customers. His territory includes both New Hampshire and Vermont. His job is trying to connect different locations to learn about products & work one-on-one with customers. Before using the ZUS Mileage Log, he used pen and paper every day to log his miles, which is very old school and time-consuming. When he was introduced to the ZUS Mileage log, things became very easy. Just plug in the ZUS Smart Vehicle Health Monitor* into the OBD-II port and let ZUS do all the logging automatically (Bluetooth connection required). Easily mark each trip’s category by swiping it right or left. Very straightforward. “It is a set-it-and-forget-it kind of application,” he said in his review for ZUS on the App Store. "What’s more, its sleek design fits well on my Mercedes. It saved me $1,308 last year as I drove nearly 200 miles per month."
What is the ZUS Mileage Log?
If you use your own car for business purposes, you can deduct a certain percentage of driving-related expenses from your taxable income. However, your daily commute from your home to your permanent work location does not qualify for a business mileage deduction. On the other hand, if you need to travel to a second company location that is not your primary office, you may be able to deduct your mileage costs.
The IRS (Internal Revenue Service) tends to be strict in documentation requirements for business mileage deductions. In this case, you’ll need to keep an accurate mileage log each year when you attempt to claim your deductions.
The IRS requires that your mileage log must include the starting mileage on your car’s odometer at the beginning of the year and its ending mileage at the conclusion of the year. You must record the time you use your car for business purposes with the date, starting point, destination, etc...
It sounds really complicated to log all the items before and after each trip. However, if you use the ZUS Mileage Log (certified by the IRS), it automatically logs your mileage with all the necessary details. What’s more, to use this log, simply export the file to your mailbox and that’s it. All this can be done within a few seconds. In the past 4 years, the Mileage Log feature helps its subscribers earn an average of $456 Per year ($0.58/Mile).
Calculating your deductions
You have two options for claiming your business mileage deduction: You can use the standard mileage rate as determined by the IRS (reference), or you can deduct your actual expenses.
If you use the standard mileage rate, you take a preset deduction for every mile you drive for business purposes. The IRS establishes a standard mileage rate* each year. For 2019, the rate is 58 cents per mile. If you drive 2,000 miles for business purposes in 2019, using the standard mileage rate, you'd claim $1,160 as a deduction on your taxable income. (*Each country or region has its own mileage rate and deduction rules. What this article describes only suits the situation in the United States.)
**ZUS devices that support Mileage Log features:
- ZUS Smart Vehicle Health Monitor Mini
- ZUS Smart Car Charger
- nonda Smart Car Charger
- ZUS Smart Tire Safety Monitor
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