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2. Taxes 2024: IRS Increases Mileage Standard Deduction Rates by ...

   www.aol.com/taxes-2024-irs-increases-mileage...

   The Internal Revenue Service announced an increase in the standard mileage rates when people use their vehicles for business use. The standard mileage deduction rose to 67 cents per mile, up 1.5 ...

3. IRS mileage rate for business goes up by 1.5 cents for 2024 - AOL

   www.aol.com/irs-mileage-rate-business-goes...

   The IRS bumped up the optional mileage rate to 67 cents a mile in 2024 for business use, up from 65.5 cents for 2023. The new rate kicks in beginning Jan. 1 and it would apply to 2024 tax returns ...

4. Mileage reimbursement for businesses: What you need to know - AOL

   www.aol.com/mileage-reimbursement-businesses...

   What Is the Current Mileage Reimbursement Rate for 2024? The 2024 mileage reimbursement rates are: Looking ahead, the IRS is likely to announce the standard rate for the 2025 tax year in December.

5. Business mileage reimbursement rate - Wikipedia

   en.wikipedia.org/wiki/Business_mileage...

   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 ...

6. Employer transportation benefits in the United States

   en.wikipedia.org/wiki/Employer_transportation...

   An employer in the United States may provide transportation benefits to their employees that are tax free up to a certain limit. Under the U.S. Internal Revenue Code section 132(a), the qualified transportation benefits are one of the eight types of statutory employee benefits (also known as fringe benefits) that are excluded from gross income in calculating federal income tax.

7. Motus, LLC - Wikipedia

   en.wikipedia.org/wiki/Motus,_LLC

   This includes mileage reimbursement, BYO programs, Managed Mobility Services and living cost intelligence. [ 3 ] Motus supplies the Internal Revenue Service (IRS) with data on business vehicle use to inform the business mileage reimbursement rate.

8. Mileage Reimbursement Rate for 2023: What To Expect - AOL

   www.aol.com/finance/mileage-reimbursement-rate...

   Here are the 2023 mileage reimbursement rates: Business use: 65.5 cents per mile. This mileage rate for business increased by 3 cents from 62.5 cents per mile in 2022.

9. IRS pushes standard mileage rate to 62.5 cents per mile for 6 ...

   www.aol.com/news/irs-pushes-standard-mileage...

   IRS takes an unusual step, one not taken in 10 years, to address higher gas prices. Will you see a boost in the mileage reimbursement? IRS pushes standard mileage rate to 62.5 cents per mile for 6 ...