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2. 20 valuable small-business tax deductions - AOL

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   Learn more about the small business tax deductions that may be available to you. ... For 2023 taxes, you can deduct 65.5 cents per mile. For 2024 taxes, you can deduct 67 cents per mile. ...

3. The Best Tax Deductions and Tax Breaks for 2024-2025 - AOL

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   Generally, tax deductions are used to encourage certain activities on behalf of individual taxpayers, such as contributing to a retirement account, investing in a business or providing for a ...

4. Trump’s back in office — here’s what to expect for your taxes ...

   www.aol.com/finance/trump-back-office-expect...

   Plus, the top tax rate for high-income earners was lowered to 37 percent, from 39.6 percent, and a new 20 percent deduction was created for certain types of business income.

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

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

   The Internal Revenue Service announced an increase in the standard mileage rates when people use their vehicles for business use. The standard mileage deduction rose to 67 cents per mile, up 1.5 ...

6. Taxes 2024: IRS Increases Tax Deductions $1,500 To ... - AOL

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

   Tax Deductions For the 2024 Tax Year The standard deduction for married couples filing jointly for tax year 2024 rises to $29,200, an increase of $1,500 from tax year 2023.

7. IRS announces new tax brackets for 2024. What does that mean ...

   www.aol.com/irs-announces-tax-brackets-2024...

   The 2024 tax year standard deductions will increase to $29,200 for married couples filing jointly, up $1,500 from $27,700 for the 2023 tax year. The standard deduction for single taxpayers will be ...