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2. Business mileage reimbursement rate - Wikipedia

   en.wikipedia.org/wiki/Business_mileage...

   The General Services Administration (GSA) sets the rate for federal jobs. In general, the GSA rate matches the annual rate set by the IRS, although by law the government employee reimbursement rate cannot exceed the mileage rate set by the IRS for business deductions. [1] Reimbursement by an employer on a per-mile basis is also used in other ...

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

   www.aol.com/mileage-reimbursement-rate-2023...

   This mileage rate for business increased by 1.5 cent from 65.5 cents per mile in 2023. ... from their taxable income — up to 25%. The contribution must be paid in cash to a qualifying ...

5. Employer transportation benefits in the United States

   en.wikipedia.org/wiki/Employer_transportation...

   An employer in the United States may provide transportation benefits to their employees that are tax free up to a certain limit. Under the U.S. Internal Revenue Code section 132(a), the qualified transportation benefits are one of the eight types of statutory employee benefits (also known as fringe benefits) that are excluded from gross income in calculating federal income tax.

6. Income tax in the United States - Wikipedia

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

   Marginal and effective federal tax rates on adjusted gross income (AGI) in the U.S. for 2018. Share of US individual income taxes vs. share of adjusted gross income (AGI): Half of taxpayers paid 97.7 percent of federal individual income taxes, per York (2023) using 2020 data from the US Internal Revenue Service (IRS).

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

   www.aol.com/taxes-2024-irs-increases-mileage...

   The change will go into effect for the 2024 tax year on taxes filed in 2025. ... Additional Changes to IRS Mileage Rates in 2024. ... from 22 cents per mile in 2023 to 21 cents per mile in 2024. ...