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Video Tips: The 2024 Standard Business Mileage Rate Is Here

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Video Tips: The 2024 Standard Business Mileage Rate Is Here
If you are self-employed and use your vehicle for business purposes, you can deduct your vehicle mileage on your tax return. The IRS determines the mileage rate each year based on a contracted study of the previous year's vehicle operating costs. The rate for 2024 has recently been released. Watch this video to learn more.



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