by Andrews Tax Accounting & Bookkeeping | Jan 1, 2020 | Educational
What are Mileage Rates? Mileage rates are used for taxpayers to be able to deduct the costs of operating a vehicle for business, medical and various other reasons. Every year the mileage rates change so there are new 2020 mileage rates. What are the New 2020 Mileage...
by Andrews Tax Accounting & Bookkeeping | Dec 19, 2018 | Educational, Tips
Mileage Rates Beginning next year, most mileage rates used to determine business deductions for the use of automobiles will go up. The rates for the use of an automobile in 2019 will be as follows: -58 cents per mile for business purposes Note: this rate cannot be...
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