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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 ...
Ramp takes a closer look at mileage reimbursement and explains why it's important and when it does or does not make sense.
This mileage rate for business increased by 1.5 cent from 65.5 cents per mile in 2023. ... 2013 — 56.5 cents per mile. ... Are there mileage deductions for electric or hybrid vehicles?
Most new employers in the state of Indiana start with a 2.5% unemployment tax rate unless your company is a construction company, successor company, or a government entity, at which point your tax rate is 2.53%, .5% to 9.4%, 1.6% respectively. [9] Indiana employers are required to pay unemployment taxes for any year in which they have employees ...
Wabash Valley Power Association is an electric generation and transmission cooperative headquartered in Indianapolis, Indiana. Wabash Valley provides wholesale power to 23 distribution cooperatives in Illinois, Indiana, and Missouri that reach over 311,000 businesses and residences.
The Internal Revenue Service on Thursday announced that the 2025 standard mileage rate will go up by 3 cents per mile to 70 cents for the optional mileage rate for automobiles driven for business ...
In addition to Day-Ahead and Real-Time markets, MISO operates an ancillary services market that began on January 6, 2009. This market provides energy and operating reserves and regulation and response services supporting reliable transmission services. [12] The name was changed in April 2013.
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related to: 2013 mileage rates for small business electricity companies in indiana chart