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For drivers on the low-end of that range, they could deduct $53,600 in mileage for 2024, versus $52,400 in 2023, decreasing their tax liability and potentially putting money in their pocket.
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 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 ...
The 2024 Toyota Camry Hybrid LE offers an impressive 52 MPG combined. The hybrid pairs a 2.5-litre four-cylinder with an electric motor that churns out 208 horsepower. For 15,000 miles, you will ...
Motus is a workforce management company headquartered in Boston, Massachusetts, [1] [2] that offers vehicle reimbursement, fleet management and business intelligence solutions. This includes mileage reimbursement, BYO programs, Managed Mobility Services and living cost intelligence.
The Lexus GX (Japanese: レクサス・GX, Hepburn: Rekusasu GX) is a mid/full-size luxury SUV sold in North American and Eurasian markets by Lexus, a luxury division of Toyota. The GX is based on the Toyota Land Cruiser Prado , from which it derives its off-road capability.
The 2024 Lexus GX 550 is the rugged SUV Lexus owners asked for. Its combination of traditional, recognizable off-roading looks and modern technology will earn it buyers, and keep them happy.
2010 Lexus GX 460; 2012 Lexus GX 400; 2023 Lexus GX 550; LX: full-size sport utility vehicle AWD. 1997 Lexus LX 450; 1999 Lexus LX 470; 2008 Lexus LX 470/LX 570; 2013 Lexus LX 460/LX 570; 2016 Lexus LX 570; 2021 Lexus LX 600/LX 500d; LM: minivan FWD / AWD. 2020 Lexus LM 350/LM 300h; 2023 Lexus LM 350h/LM 500h; RZ: Battery electric luxury ...