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Those who qualify will save a little more in taxes thanks to the change. Dragana Gordic / Shutterstock.com
Taxpayers who take the standard mileage rate deduction on their tax return for the miles they log for business purposes will be able to use a figure of 65.5 cents per mile in 2023, the IRS announced this week. That is up 3 cents from the rate that was in effect for the latter half of 2022. It’s not the usual blah, blah, blah. Click here to sign up for our free newsletter. Drivers who take the…
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