Business owners are aware that the price of gas is historically high, which has made their vehicle costs soar. Fortunately, the IRS is providing some relief. The tax agency announced an increase in the optional standard mileage rate for the last six months of 2022. Taxpayers may use the optional cents-per-mile rate to calculate the
business standard mileage rate
Jul 19, 2022
Businesses will soon be able to deduct more under the standard mileage rate
- By Victor Dozzi
- Business, Deductions
- 0 Comments
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