Higher IRS Mileage Rates Take Effect
Due to rising fuel costs, the IRS has increased the 2026 cents-per-mile rates for calculating certain vehicle deductions.
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Traveling With Your Spouse on Business? Know What’s Deductible
If you own a company and travel for business, you may wonder whether you can deduct all the costs of having your spouse accompany you on trips. It’s possible, but the rules are restrictive.
Traveling for Business in 2024? What’s Deductible?
Under the tax law, certain requirements for out-of-town business travel within the United States must be met before you can claim a deduction.