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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 ...
Massachusetts boasts the No. 3 lowest five-year vehicle ownership cost, but its mileage reimbursement law bumps it higher up on the list and puts Ohio in line just after Wisconsin. The five-year ...
In October 2023, SmartAsset published data about the basic monthly cost of living in each US state. Key findings revealed single US adults with no children pay, on average, $2,508 in basic monthly ...
Thomas is the senior court program analyst for the Washington State Supreme Court’s ... as well as mileage reimbursement, Thomas said. ... jurors over a 17-month time period in 2022 and 2023, ...
The filing deadline for most 2023 federal and state of Michigan income tax returns is April 15, 2024. ... Those filing 2023 returns in 2024 need to use the 2023 mileage rate. The rules can be ...
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 ...
The IRS bumped up the optional mileage rate to 67 cents a mile in 2024 for business use, up from 65.5 cents for 2023. The new rate kicks in beginning Jan. 1 and it would apply to 2024 tax returns ...
According to Quadrant Information Services, the average annual rate for a full coverage policy went up 26 percent from 2023 to 2024, with the current average cost of car insurance sitting at ...