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  2. 10 Best States for Mileage Deductions - AOL

    www.aol.com/finance/10-best-states-mileage...

    Vermont. Despite a lower sales tax rate, Vermont residents pay a little more than Ohioans to own their cars -- $21,737 over five years, to be exact. The $1,100 annual insurance bill is $357 ...

  3. 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 ...

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

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

    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 ...

  5. Miles per gallon gasoline equivalent - Wikipedia

    en.wikipedia.org/wiki/Miles_per_gallon_gasoline...

    The rating for all-electric mode (left) is expressed in miles per gallon gasoline equivalent (mpg). Miles per gallon gasoline equivalent ( MPGe or MPGge) is a measure of the average distance traveled per unit of energy consumed. MPGe is used by the United States Environmental Protection Agency (EPA) to compare energy consumption of alternative ...

  6. Car insurance rates are nuts right now. Here’s how to lower ...

    www.aol.com/finance/car-insurance-rates-nuts-now...

    Nationwide’s SmartMiles program, for example, offers a low base rate plus a variable one that depends on mileage. And for periodic longer road trips, it counts only the first 250 miles per day ...

  7. Vehicle miles traveled tax - Wikipedia

    en.wikipedia.org/wiki/Vehicle_miles_traveled_tax

    A vehicle miles traveled tax, also frequently referred to as a VMT tax, VMT fee, mileage-based fee, or road user charge, is a policy of charging motorists based on how many miles they have traveled. It has been proposed in various states in the United States including Illinois who are currently following through with implementing this tax, and ...

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