Monaeo vs Standard Mileage

**This is a companion app for those travelers who utilize Monaeo's broader residency / tax compliance platform built for individuals (Personal Edition) and companies (Enterprise Edition).** Manage travel-related tax exposures and defend against audits with Monaeo’s technology solutions. Monaeo’s platform helps companies and individuals analyze their travel data (for e.g., from this companion app, travel booking, credit card transactions, etc.) to better manage and prove multi-location tax exposures including: Statutory Residency, Domicile Change, Payroll Withholding, Nexus/Permanent Establishment, Corporate Income Allocation, among others. This *companion app* can help Monaeo subscribers automatically track and review the number of days they spend in different locations for personal or work purposes. If you are a business traveler you should check with your HR/Mobility team whether you are approved to use this app as part of Monaeo’s Enterprise Edition. If you are a Personal Edition subscriber, this app can help make for a stronger audit defense. Monaeo’s customers include thousands of wealthy individuals and over 50 global enterprise clients across the technology, software, media, transportation, and financial services sectors. HOW THE MONAEO APP WORKS Monaeo’s companion app can enhance the experience by providing an easy way for travelers to automatically log their trips on the mobile device of their choice (phone, tablet or laptop). The app can run in the background to help you effortlessly and securely track the number of days spent in different tax jurisdictions. This travel data is then encrypted and sent securely to our servers where Monaeo’s proprietary computation engines generate the relevant reports, alerts, data feeds, and calculations you need for confident compliance and audit defense. KEY BENEFITS OF THE APP * Convenience: Automated travel logging. Search trips and travel in the calendar. * Visibility: Early alerts help you plan travel to avoid unnecessary exposures or penalties * Reliability: Audit-tested reports with hard data help protect you in case of an audit PROTECTING YOUR PRIVACY Monaeo has carefully designed every part of the platform including this app to ensure the highest levels of individual privacy and security: * You own your data in Monaeo and control access to it * This app only accesses information absolutely needed for compliance * All app data is encrypted before being sent to our servers and remains encrypted in storage SYSTEM REQUIREMENTS * Available on iPhone, iPad, iPad Mini, and iPod * OS 10.3 and above Note: continued use of GPS running in the background may dramatically decrease battery life. Having trouble logging in? You can reach our support team at support@monaeo.com

Tired of manually logging your drives? Our app automatically records every trip, saving you time and money. Let our AI assistant suggest trip purposes from your calendar, making record-keeping a breeze. KEY FEATURES: * Automatic Trip Recording: Just drive, we'll create the logs for you in miles or kilometers, depending on the preference you set. * AI-Powered Suggestions: Smartly suggests trip purposes and notes from your calendar and other metrics. * Complete Trip Details: Easily add notes, tolls, and parking fees to each record. * Effortless Reporting: Export tax-ready reports in PDF or CSV. * Works with Your Life: Supports multiple vehicles, custom business hours and home/office locations. * Secure & Accessible: Your data is saved on your device and in the cloud, accessible anywhere and anytime. Download now and start your 60-day free trial! * Separate tracking for multiple vehicles. * Manual trip entry permitted which can useful for periods prior to installing the App. * Edit or update saved trips to better define starting and stopping locations and other pertinent data. * Set business hours and personal hours to automatically classify trips based on the time of trip start. * Set default home and business location for better tracking and classification of trips. * Export trip logs in PDF and CSV/Excel formats. * Trip data saved on device and securely in cloud for better redundancy. * View trips in App on device or on StandardMileage.com website. * Search recorded trips by date and other specifics (street, city, state, etc...). In the U.S., you can generally figure the amount of your deductible car expense by using one of two methods: the standard mileage rate method or the actual expense method. If you qualify to use both methods, you may want to figure your deduction both ways before choosing a method to see which one gives you a larger deduction. Please note, however, that a taxpayer may not use the business standard mileage rate to compute the deductible expenses of an automobile for which the taxpayer has previously claimed any form of accelerated or bonus depreciation. For jurisdictions outside the U.S., please consult applicable guidance in your jurisdiction. U.S. federal tax law requires that you substantiate your automobile expenses by adequate records or by sufficient evidence to support your own statement. Car expenses are subject to a higher level of substantiation than other business expenses. Use the Standard Mileage App to try to provide the crucial substantiation. If you fail to adequately substantiate the business use of an automobile, it may be presumed that all use is non-deductible personal use. Other jurisdictions have similar rules. • 60 day free trial period; monthly subscription required thereafter for continue use of the App. • Payment will be charged to iTunes Account at confirmation of purchase. • Subscription automatically renews unless auto-renew is turned off at least 24-hours before the end of the current period. • Account will be charged for renewal within 24-hours prior to the end of the current period, and identify the cost of the renewal. • Subscriptions may be managed by the user and auto-renewal may be turned off by going to the user's Account Settings after purchase. • Any unused portion of a free trial period, if offered, will be forfeited when the user purchases a subscription to the App, where applicable. Our Privacy Policy is available at https://www.standardmileage.com/privacypolicy.html Our Terms of Use are available at https://www.standardmileage.com/termsandconditions.html