A higher IRS mileage rate means larger tax deductions for business miles in 2019. The optional standard mileage rate used to calculate the deductible costs of operating an auto for business has increased by 3.5 cents, to 58 cents per mile. The mileage rate comes into play when businesses don’t want to keep track of
business miles 2019
Jan 23, 2019
Higher mileage rate may mean larger tax deductions for business miles in 2019
- By Ellenbogen
- Business, Deductions
- 0 Comments
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