Short Bits for April 2018: A Raised Rate for Mileage Reimbursement

The IRS raised its standard mileage rate used for calculating the deductible costs of operating a vehicle for business purposes in 2018. You can deduct 54.5 cents per business mile, up a penny from last year. Click here to read more of the latest, including an update on federal tax rates, deductions and credits for […]

The IRS raised its standard mileage rate used for calculating the deductible costs of operating a vehicle for business purposes in 2018. You can deduct 54.5 cents per business mile, up a penny from last year.

Click here to read more of the latest, including an update on federal tax rates, deductions and credits for individuals, and news on employee wellness programs.