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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 ...
The GSA establishes per diem rates within the Continental United States for hotels "based upon contractor-provided average daily rate (ADR) data of fire-safe properties in the local lodging industry"; [6] this means that per diem varies depending on the location of the hotel—for instance, New York City has a higher rate than Gadsden, Alabama. [7]
IRMCO 2011 was held in Washington, D.C., at the Kellogg Conference Center and Hotel on the campus of Gallaudet University. [55] Shortly after IRMCO 2011, GSA's Associate Administrator for Governmentwide Policy, Kathleen Turco, announced to the media that she and other GSA officials felt that IRMCO had lost its spark and retired from the event. [56]
According to federal data, the average daily lodging rate is about $173 a day during most of the year, while travelers can expect to pay an average of $187 a day from January to March 2025. Austin ...
At the conclusion of its first rate-setting policy meeting of the year, on January 29, 2025, the Federal Reserve announced it was leaving the federal funds target interest rate at 4.25% to 4.50% ...
See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news. ... 2025: Rates hit highest levels since ...
Statewide, all hotel occupancies are levied a 6% tax. This tax applies to only 94% of gross receipts. In the city of Chicago, three other taxes apply. The first funds the Illinois Sports Facilities Authority at a rate of 2% on 98% of gross receipts. The second funds the Metropolitan Pier and Exposition Authority at a rate of 2.5% on all gross ...
Average mortgage rates tick lower as of Thursday, February 6, 2025, with the 30-year fixed benchmark continuing to hover just under 7.00%. The market is keeping an eye on tomorrow's jobs report ...