If you bring a work vehicle home at night, it's important to the IRS to make sure personal miles are logged separately from ...

The Internal Revenue Service is increasing the tax deduction motorists can take for using private vehicles for business, a rare midyear move sparked by high gas prices.

Employers using the IRS standard mileage rate, should update their system to reflect the new rate as of January 1, 2025. Remember to update your posters AND provide written notices to employees.