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2. 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 ...

3. 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 ...

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

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

   The mileage rate for charity purposes has remained unchanged at 14 cents per mile from 2011 to 2024. Standard Mileage Rate vs. Actual Expense Method Not everything is tax deductible.

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. MileIQ - Wikipedia

   en.wikipedia.org/wiki/MileIQ

   MileIQ is an American-based technology company that develops a mileage tracking and logging app. [2] The app uses automatic mileage tracking to calculate mileage while driving for business purposes that can then be used to report for reimbursement and potentially a tax deduction with the IRS, being attributed as the first mobile app to passively track such data.

7. Mileage - Wikipedia

   en.wikipedia.org/wiki/Mileage

   Business mileage reimbursement rate, an optional standard mileage rate used in the United States for purposes of ... This page was last edited on 1 May 2024, ...

8. 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 ...

9. Return on capital employed - Wikipedia

   en.wikipedia.org/wiki/Return_on_capital_employed

   Return on capital employed is an accounting ratio used in finance, valuation, and accounting. It is a useful measure for comparing the relative profitability of companies after taking into account the amount of capital used.