The IRS allows you to claim mileage driven for business purposes as an itemized deduction on your personal tax return. However, if your employer provided a mileage reimbursement as well, you do not ...

Driving can be more than just a part of your daily routine — it can also give you a deduction on your tax return. If you ...

If your employees use their personal vehicles for work-related tasks, you may be required to reimburse them for their mileage. Let’s look at how employee mileage reimbursement works and how to ensure ...

With a new year, and tax season, comes an opportunity for employers and employees alike to literally gain more mileage from their transportation benefit programs. On January 1, 2024, the IRS standard ...

Reimbursing employees and freelance workers for miles driven while in the field falls under "fringe benefits" for federal taxation purposes. Both employees and employers can benefit from a ...

I work for a company that requires me to travel.I am responsible for 40 miles a day then after that they give me .38 per mile.Can I report the other on my taxes Answer: Myron - IRS Publication 463, ...