The IRS has released the 2017 irs standard mileage rate and it is down again from the 2016 standard mileage rate. Beginning on Jan. 1, 2017, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:
2017 IRS Standard Mileage Rate
53.5 cents per mile for business miles driven, down from 54 cents for 2016
17 cents per mile driven for medical or moving purposes, down from 19 cents for 2016
14 cents per mile driven in service of charitable organizations
We are excited to bring you our first episode in our new video series that will cover financial topics, helpful tips for increasing your work and personal budgets and any other questions about taxes, finances, mileage tracker, expense tracking, etc. We field questions each week through the app and comments on the video, so please drop us a line in the video comments section.
This week we covered 2 topics:
With new phones coming out every month (or at least feels this way) and with the holidays right around the corner, we wanted to take a look and see what types freelancers, independent contractors and self-employed individuals prefer to use every day. Smartphones have become the lifeline for many people and it’s truly because of technology that many of us can pursue our passions and work for ourselves. Also, it has paved the way for apps like ours because just a few years ago automatic mileage tracking and transactions tracking with receipts was not possible. The pool of options seems endless but we dove into some of our data to see what are the top 3 most popular phones in both iPhones and Android. Note that each category of iPhone also includes the iPhone “S” and “Plus” models, as well as the “edge” models for Android.
We’re excited to announce 2 major new features! Many of you have requested the ability to create your own personal categories and now whenever you swipe to the left you can. With our new app releases: 1.6.5(iOS) and 1.2.1 (Android), you can now you can swipe far left on any trip (wait until the card turns orange) and choose from the pre-populated purposes or create a custom one. Update your current app HERE to get access.