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

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

   The IRS has given at least one tiny glimmer of hope for your 2023 finances amid a backdrop of economic uncertainty: You can now increase your tax write-off for fuel costs. On Dec. 29, the agency ...

3. MileIQ - Wikipedia

   en.wikipedia.org/wiki/MileIQ

   MileIQ is an American-based technology company that develops a mileage tracking and logging app. [2] The app uses automatic mileage tracking to calculate mileage while driving for business purposes that can then be used to report for reimbursement and potentially a tax deduction with the IRS, being attributed as the first mobile app to passively track such data.

4. Vehicle miles traveled tax - Wikipedia

   en.wikipedia.org/wiki/Vehicle_miles_traveled_tax

   Taxation. 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 ...

5. Best Mileage Tracker Apps of 2022 - AOL

   www.aol.com/finance/best-mileage-tracker-apps...

   Uber and Lyft drivers should always track mileage for tax purposes. These six free mileage tracker apps make it easy to do so right from your smartphone. This was originally published on The Penny ...

6. 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 ...

7. 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 ...

8. Taxes 2024: IRS Increases Mileage Standard Deduction ... - AOL

   www.aol.com/finance/taxes-2024-irs-increases...

   For drivers on the low-end of that range, they could deduct $53,600 in mileage for 2024, versus $52,400 in 2023, decreasing their tax liability and potentially putting money in their pocket.

9. Corporate average fuel economy - Wikipedia

   en.wikipedia.org/wiki/Corporate_average_fuel_economy

   The mileage for dual-fuel vehicles, such as E85 capable models and plug-in hybrid electric vehicles, is computed as the average of its alternative fuel rating—divided by 0.15 (equal to multiplying by 6.666)—and its gasoline rating. Thus an E85-capable vehicle that gets 15 mpg on E-85 and 25 mpg on gasoline might logically be rated at 20 mpg.