Good news for those who are eligible to deduct business miles. Not so much for medical and moving miles. Posted: January 14, 2025 | Last updated: January 14, 2025 ...
SARASOTA, FLORIDA / ACCESSWIRE / January 14, 2025 / As tax season approaches, self-employed individuals, freelancers, and small business owners face the challenge of keeping accurate records for milea ...
Taxpayers may submit returns to the IRS starting Jan. 27, 2025. Free filing services are available. Here's what you need to ...
The 2025 tax season is right around the corner. The Internal Revenue Service (IRS) announced it will begin accepting returns ...
The board approved the 2025 mileage rate at the current IRS rate of 70 cents per mile for all union and non-union employees. The athletic mileage was approved at 32 cents per mile.
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Filers have two choices. They can use the standard mileage rate, which means multiplying the IRS mileage rate for the tax year by the number of business-qualifying miles driven. The mileage rate ...
The government has updated tax brackets and standard deductions. This means many people will get a bit more money in their ...
On Tuesday, the Internal Revenue Service (IRS) announced the new federal income tax brackets and standard deductions for the ...