After decreasing two years in a row, the rate by which taxpayers may compute their deductions for costs of using an automobile for business purposes will go up to 58.5 cents per mile for the 2022 tax ...

That surge in prices at the gas pump during 2021 due to supply-chain issues and other worldly events translates into a positive bump for taxpayers in 2022, now that the federal government has set the ...

European Union leaders took a big step in the economic fight against Moscow over its invasion of Ukraine by agreeing to block 90% of Russian oil imports by year-end. The embargo faced opposition from ...

The surge in oil prices that caused gas prices to jump higher in 2021 is actually good news for taxpayers who claim a mileage deduction in 2022. That surge in prices at the gas pump during 2021 due to ...