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Mileage Rates 2025: How to Maximize Deductions
Right now, the IRS allows you to write off around seventy cents for every business mile you drive. That means if you drive 10,000 miles for business, you can claim a $7,000 write-off. That rate tends to go up over time. www.mileagewise.com To take this write-off, you’ll need to file a Schedule C with your personal tax return. However, if you ...
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