Search results
The standard mileage rate for transportation or travel expenses is 57.5 cents per mile for all miles of business use (business standard mileage rate). See section 4 of Rev. Proc. 2019-46. However, § 11045 of the Tax Cuts and Jobs Act, Public Law 115-97, 131. Stat. 2054 (December 22, 2017) (the “TCJA”) suspends all miscellaneous
Changes to Circular 20-04-OMB include updates to per diem rates per GSA schedules and provides for the reimbursement for the use of transportation network companies; also known as ridesharing services.
Find standard mileage rates to calculate the deduction for using your car for business, charitable, medical or moving purposes.
In the 2019-2020 school year, transportation services are also extended to students living in third-class counties or second-class counties with a population of less than 235,000 who reside no more than 30 miles from their nonpublic schools located within the state.
The IRS today issued an advance version of Notice 2019-02 providing the standard mileage rates for taxpayers to use in computing the deductible costs of operating an automobile for business, charitable, medical or moving purposes in 2019.
9 sty 2020 · The IRS has announced the 2020 standard mileage rates for business, medical, and other uses of an automobile, and the 2020 vehicle values that limit the application of certain rules for valuing an automobile’s use.
2 sty 2020 · Beginning on January 1, 2020, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 57.5 cents per mile driven for business use, down one half of a cent from the rate for 2019, 17 cents per mile driven for medical or moving purposes, down three cents from the rate for 2019, and.
