On December 10, 2014, the Internal Revenue Service announced the mileage rate deduction for 2015. They increased the amount allowed 1.5 cents to 57.5 cents per mile. So how do you calculate and use the mileage rate formula for tax purposes? If [...]
This term is used for all tractors, trailers, trucks, autos, and other forms of transportation items (aircraft, marine, and rail cars).
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