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The IRS has given at least one tiny glimmer of hope for your 2023 finances amid a backdrop of economic uncertainty: You can now increase your tax write-off for fuel costs. On Dec. 29, the agency ...
On Dec. 29, the agency announced a bump in the optional standard mileage rate starting Jan. 1, 2023 — which will now be 65.5 cents per mile driven. Taxpayers can use the new rate to calculate ...
The business mileage reimbursement rate is an optional standard mileage rate used in the United States for purposes of computing the allowable business deduction, for Federal income tax purposes under the Internal Revenue Code, at 26 U.S.C. § 162, for the business use of a vehicle. Under the law, the taxpayer for each year is generally ...
The United States has a racially and ethnically diverse population. [1] At the federal level, race and ethnicity have been categorized separately. The most recent United States census recognized five racial categories (White, Black, Native American/Alaska Native, Asian, and Native Hawaiian/Other Pacific Islander), as well as people who belong to two or more of the racial categories.
Vermont. Despite a lower sales tax rate, Vermont residents pay a little more than Ohioans to own their cars -- $21,737 over five years, to be exact. The $1,100 annual insurance bill is $357 ...
The percentage of African Americans living in inner cities was 56.9 percent, and the percentage of inner city Hispanics was 51.5 percent. Asian Americans living in central cities totaled 46.3 percent. According to a more recent U.S. Census Bureau study in 2002, the average white person living in a metropolitan area lives in a neighborhood that ...
Is your company complying with the rules and policies surrounding employee mileage reimbursement? Here are the main things you need to know. Employee Mileage Reimbursement: 6 Commonly Asked Questions
The African-American simple nuclear family structure has been defined as a married couple with children. [ 28 ] This is the traditional norm for the composition of African-American families. [ 32 ] In 1992 25% of African-American families were simple nuclear families in comparison to 36% of all US families.