The Internal Revenue Service (IRS) has issued its 2021 standard mileage rates. Beginning on January 1, 2021, the standard mileage rates for the use of a car,
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IRS Issues 2019 Mileage Rates
The Internal Revenue Service (IRS) has issued the 2019 standard mileage rates. Beginning on January 1, 2019, the standard mileage rates for the use of a car,
Read MoreNew Proposal Would Boost Charitable Mileage Rate
This week, Rep. Nolan (D-MN) introduced a post-tax reform bill to equalize the charitable and business mileage rates. Here’s what you need to know.
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Taxes From A To Z (2018): M Is For Mileage
It’s Taxes From A to Z. M is for Mileage.
Read MoreIRS Announces 2018 Mileage Rates Even Though Tax Reform Talks May Limit Use
The Internal Revenue Service (IRS) has issued the 2018 optional standard mileage rates. They are effective beginning January 1, 2018 – even if some of them might not be applicable to taxpayers under the current tax reform proposals.
Read MoreWith Gas Prices Falling, IRS Announces Lower 2016 Standard Mileage Rates
The Internal Revenue Service (IRS) has issued the 2016 optional standard mileage rates and beginning on January 1, 2016, the standard mileage rates for the use
Read MoreIRS Announces 2015 Standard Mileage Rates
It will cost you less at the pump to fill your car next year. The U.S. Department of Energy has issued its predictions for the
Read MoreIRS Announces 2014 Standard Mileage Rates
Gas prices are on their way down… and so are the standard mileage rates. The IRS has announced the standard mileage rates for business, moving and medical expenses for the calendar year 2014.
Read MoreTaxes From A To Z: B Is For Business Mileage
Section 162 allows taxpayers to deduct expenses incurred in the course of a trade or business that are deemed “ordinary and necessary.” One of the
Read More2011 Mileage Rates Released
Despite the fact that many predict that the cost of gas will inch up to $4 per gallon by the holidays, the standard mileage rates
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