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2. Know the 2024 standard mileage rate before you do your taxes

   www.aol.com/know-2024-standard-mileage-rate...

   The 2024 standard mileage rate for business use of a vehicle is 67 cents per mile. The mileage rate is useful to know at tax time for those traveling for volunteer work and others.

3. 2024 Tax Brackets and Income Rates: Find Out Where You ... - AOL

   www.aol.com/2024-tax-brackets-income-rates...

   In 2024, federal income tax rates remain at 10%, 12%, 22%, 24%, 32%, 35%, and 37%. ... 2024, for most filers. If you secured an extension by tax day, your new federal filing deadline was Oct. 16 ...

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

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   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 ...

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. Income tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Income_tax_in_the_United...

   For example, in 1954, the federal income tax was based on layers of 24 income brackets at tax rates ranging from 20% to 91% (for a chart, see Internal Revenue Code of 1954). Below is a table of historical marginal income tax rates for married filing jointly tax payers at stated income levels. These income numbers are not the amounts used in the ...

7. Per diem - Wikipedia

   en.wikipedia.org/wiki/Per_diem

   As of October 1, 2009, the per diem rate is $59 per day, and they may deduct 80% of this amount from their taxable income. [ 13 ] Due to the large number of away games and associated travel days in American sports, per diem rates are often major components in collective bargaining agreements between leagues and their players' unions.