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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 ...
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.
Here are the 2024 mileage reimbursement rates: Business mileage rate: 67 cents per mile. This mileage rate for business increased by 1.5 cent from 65.5 cents per mile in 2023.
The 2024 model year Atlas and Atlas Cross Sport was revealed in February 2023. Changes include a redesigned front and rear clip, and a heavily revised interior design. The Atlas also gained an electronic shift-by-wire gear selector, 10.3-inch digital gauge cluster and a 12.0-inch touchscreen infotainment system.
The Volkswagen Chattanooga Assembly Plant was inaugurated on May 24, 2011, and initially built the US-spec Volkswagen Passat and in 2017 started production of the Volkswagen Atlas. [ 11 ] With effective from 12 December 2024, Kjell Gruner is the new Chief Executive Officer of VWoA, taking the helm from Pablo Di Si who has stepped down from the ...
The Volkswagen Jetta (A7) is a compact car, the seventh generation of the Volkswagen Jetta and the successor to the Volkswagen Jetta (A6). The 2018 Jetta debuted at the 2018 North American International Auto Show in Detroit , Michigan , on 14 January 2018, after Volkswagen released an exterior design sketch in December 2017.
The design is inspired by the Atlas Basecamp concept from way back in 2019, but VW didn't add any more off-road capability to the three-row SUV. 2024 VW Atlas Peak Edition Is a More Rugged SUV, at ...
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