Bianca started her massage therapy business three years ago after getting her license. She began by offering in-home services to the local area. However, as more referrals poured in, her business ...

Mileage reimbursement is the process of compensating employees who use their personal vehicle for business purposes. It helps cover car-related expenses like gas, maintenance, wear and tear, and more.

Gas prices at the pump took one crazy trip in 2022 – and it's going to add another layer of complexity for those who claim mileage deductions on their 2022 tax returns. What exactly is the standard ...

70 cents per mile driven for business use (up 3 cents from 2024). 21 cents per mile driven for medical purposes (the same as in 2024). 21 cents per mile driven for moving purposes for qualified active ...

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 70 ...