enow.com Web Search

Search results

  1. Results from the WOW.Com Content Network
  2. 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 ...

  3. Write off your mileage? The IRS expands the deduction for ...

    www.aol.com/finance/write-off-mileage-irs...

    On Dec. 29, the agency announced a bump in the optional standard mileage rate starting Jan. 1, 2023 — which will now be 65.5 cents per mile driven. Taxpayers can use the new rate to calculate ...

  4. 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 ...

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

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

    The IRS mileage reimbursement rate is a deduction you can take for using a vehicle for qualifying purposes. ... increased by 1.5 cent from 65.5 cents per mile in 2023. Military moving mileage rate

  6. Corporate average fuel economy - Wikipedia

    en.wikipedia.org/wiki/Corporate_average_fuel_economy

    Nevertheless, in 2008, the on-road vehicle fleets in the United States and Canada had the lowest overall average fuel economy among first world nations: 25 miles per US gallon (9.4 L/100 km) in North America, versus 45 miles per US gallon (5.2 L/100 km) in the European Union and was even higher in Japan, according to data as of 2008.

  7. Vehicle miles traveled tax - Wikipedia

    en.wikipedia.org/wiki/Vehicle_miles_traveled_tax

    New Zealand also has such a system applying to all heavy vehicles and diesel-powered cars, known locally as a Road User Charge. Bulgaria has a truck based system under development. With the UK government banning the sale of non-electric cars from 2030, VMT tax is being considered in place of fuel duty revenue. [5]

  8. 2008–2010 automotive industry crisis - Wikipedia

    en.wikipedia.org/wiki/2008–2010_automotive...

    The annual capacity of the industry is 17 million cars; sales in 2008 dropped to an annual rate of only 10 million vehicles made in the U.S. and Canada. All the automakers and their vast supplier network account for 2.3% of the U.S. economic output, down from 3.1% in 2006 and as much as 5% in the 1990s.

  9. 26 Cars With the Best Gas Mileage - AOL

    www.aol.com/finance/26-cars-best-gas-mileage...

    The average American spends almost $2,000 per year on fuel, so choose a ride that won't guzzle gas. See which popular cars boast the highest fuel efficiency.