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  2. Mileage Reimbursement Rate for 2023: What To Expect - AOL

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

    Truck drivers get the standard mileage rate of 65.5 cents per mile. This rate increased from 62.5 cents per mile as of January 2023. To figure out your deduction, take the number of miles driven ...

  3. Write off your mileage? The IRS expands the deduction for ...

    www.aol.com/write-off-mileage-irs-expands...

    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. Odometer - Wikipedia

    en.wikipedia.org/wiki/Odometer

    Odometer. An electronic odometer (below speedometer) with digital display showing 91,308 miles (146,946 km) from a Jeep Grand Cherokee (WJ) An odometer or odograph is an instrument used for measuring the distance traveled by a vehicle, such as a bicycle or car. The device may be electronic, mechanical, or a combination of the two ...

  5. Business mileage reimbursement rate - Wikipedia

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

    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 ...

  6. Fuel economy in automobiles - Wikipedia

    en.wikipedia.org/wiki/Fuel_economy_in_automobiles

    Fuel consumption monitor from a 2006 Honda Airwave.The displayed fuel economy is 18.1 km/L (5.5 L/100 km; 43 mpg ‑US). A Briggs and Stratton Flyer from 1916. Originally an experiment in creating a fuel-saving automobile in the United States, the vehicle weighed only 135 lb (61.2 kg) and was an adaptation of a small gasoline engine originally designed to power a bicycle.

  7. A guide to earning and redeeming frequent flyer miles - AOL

    www.aol.com/finance/guide-earning-redeeming...

    Before you use your points or miles, make sure you’re getting the best deal, especially if you’re booking travel. Since airlines calculate the rewards value of their flights differently ...

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