Mileage tracking is vital for small businesses, freelancers, and self-employed individuals to accurately track business-related travel so they not only save time but also adhere to tax regulations.

As tax season approaches, self-employed individuals, freelancers, and small business owners face the challenge of keeping accurate records for mileage deductions. With the IRS business mileage ...

The Internal Revenue Service (IRS) has released the eagerly awaited mileage rates for self-employed individuals for the tax years 2023 and 2024. TRAVERSE CITY, MI, US, November 25, 2023 ...

Self-employed individuals can claim business mileage on a tax return. Those filing 2024 returns in 2025, need to keep in mind that they will use the 2024 rate for those returns, not the new IRS ...

The 2024 standard mileage rate is 67 cents per mile for self-employed individuals and businesses. If you use the actual cost method, add up your eligible car expenses and deduct the total amount.

Taxes Get a Bigger Tax Deduction When You Drive for Work The IRS raised the standard mileage rate for the self-employed to 62.5 cents on July 1, but it is possible to get an even better break ...

The Internal Revenue Service (IRS) has released the eagerly awaited mileage rates for self-employed individuals for the tax years 2023 and 2024. TRAVERSE CITY, MI, US, November 25, 2023 ...

2023 Mileage Rate: For the tax year 2023, the standard mileage rate for self-employed individuals is set at 65.5 cents per mile for business use of a vehicle.