What is the current mileage rate for business travel?
An example of an AI chatbot conversation about mileage rate usage for business travel.
What is the current mileage rate for business travel?
The current mileage rate for business travel is 65.5 cents per mile as of 2023. Would you like to know how to calculate it?
Yes, how do I calculate my mileage for a trip?
To calculate your mileage, you need to track the total miles driven for business purposes. You can use a mileage log or an app to record your trips.
Are there any exceptions or special rules I should be aware of?
Yes, there are exceptions for certain types of travel, like commuting or personal trips. It's important to keep detailed records.
Can I deduct mileage on my taxes?
Yes, you can deduct business mileage on your taxes if you keep accurate records. Make sure to check the IRS guidelines for specifics.
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