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  2. Mileage Reimbursement Rate for 2025: What To Expect - AOL

    www.aol.com/mileage-reimbursement-rate-2023...

    The standard mileage rate is the most straightforward method to determine your mileage. To calculate mileage reimbursement, you’ll need to multiply the current IRS mileage by the number of ...

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

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

    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 ...

  4. 15 Self-Employment Tax Deductions You Should Know - AOL

    www.aol.com/15-self-employment-tax-deductions...

    You can deduct the mileage used for meeting with clients or business travel at the current rate of 67 cents per mile (you must keep a mileage log). Or you can use actual expenses paid for the year ...

  5. 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 ...

  6. 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.

  7. 5 Must-Do Tasks to Prepare to File Your Side Hustle Taxes - AOL

    www.aol.com/finance/5-must-tasks-prepare-file...

    “This is required whether you take the standard mileage deduction or actual expense deduction for personal vehicle use since you’ll need those figures to calculate the business use percentage ...

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