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2. Mileage Reimbursement Rate for 2025: What To Expect - AOL

   www.aol.com/mileage-reimbursement-rate-2023...

   What's the IRS 2025 Mileage Reimbursement Rate? The IRS publishes the mileage reimbursement rate once a year. Currently, the latest available mileage reimbursement rate is for 2024.

3. 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 ...

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

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

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

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

   The IRS standard mileage rate is a key benchmark used by the federal government and many ... The new rate kicks in beginning Jan. 1 and it would apply to 2024 tax returns that would be filed in 2025.

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. 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 ...

8. 5 Ways To Pay Less in Taxes With the New 2025 Tax ... - AOL

   www.aol.com/5-ways-pay-less-taxes-180009235.html

   The top tax rate (37%) goes toward earned income, but stock market investments qualify for long-term capital gains tax rates, which top out at 20%. ... 5 Ways To Pay Less in Taxes With the New ...

9. What are the tax brackets for tax years 2024 and 2025? What ...

   www.aol.com/tax-brackets-tax-years-2024...

   The IRS announced tax rates for its seven tax brackets for tax year 2024: 37% – Single income over $609,350 and married couples filing jointly with income over $731,200.