Starting Jan. 1, 2024 the mileage tax deduction will now be 67 cents per mile driven — up 1.5 cents from 2023. Find out if ...

But the deadline to file taxes is just around the corner, and knowing what business travel and entertainment expenses you can and can't deduct is critical so you don't pay the IRS more than you should ...

Q: With all the publicity about tax reform under the One Big Beautiful Bill Act, I am wondering if you have seen anything new about the tax deductibility of travel expenses. Even if you haven't, can ...

Add Yahoo as a preferred source to see more of our stories on Google. Man at desk on laptop working When it comes to managing your business finances, understanding the potential tax deductions ...

The deduction for otherwise personal expenses incurred while a taxpayer is away from home for business purposes is only allowed to the extent that the travel is reasonable and necessary for a taxpayer ...

When it comes to business travel, smart planning goes beyond choosing the right flights and hotels-it also includes strategic considerations for tax deductions. Understanding which expenses are ...

Middle-class Americans can lower their overall tax bill by strategically claiming certain lesser-known deductions. This ...