Final regulations under I.R.C. §45V and §48 implementing the credit for production of clean hydrogen and certain provisions of the energy credit as enacted by the Inflation Reduction Act of ...

Delta shares former President Jimmy Carter's friendly travel ritual ...

Learn about the best tax write-offs for small businesses and self-employed individuals to maximize your deductions and reduce ...

The Biden administration tried turbocharging the Internal Revenue Service’s tax-collection capabilities with billions in extra funding and bold audit targets aimed at rich taxpayers. Those ...

Do Santa and Mrs. Claus file jointly or independently? Are reindeer dependents? And can you claim a mileage deduction on a ...

Proposed regulations require tracking of previously taxed income on both the shareholder and corporate levels because shareholders are the ones affected by that income, and the corporate tracking ...

You may also use more than one rate on your tax ... example, your total deductible mileage related expenses would be $1,960, plus any related charges such as parking fees and tolls. You would ...

The Internal Revenue Service issued the 2025 optional standard mileage rates today for computing the deductible cost of operating an automobile for business, charitable, medical, or moving purposes.

The Internal Revenue Service is increasing the mileage rate starting Jan. 1, 2025. Photo: Al Drago/Bloomberg via Getty Images ...

The optional standard mileage rate for automobiles driven for business will increase 3 cents in 2025, the Internal Revenue Service said Thursday, but the mileage rates for vehicles used for other ...

The optional standard mileage rate for automobiles driven for business will increase 3 cents in 2025, the Internal Revenue Service said Thursday, but the mileage rates for vehicles used for other ...

A new year will mean a new, slightly higher standard mileage rate for 2025. The Internal Revenue Service on Thursday announced that the 2025 standard mileage rate will go up by 3 cents per mile to ...