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Due to the recent high fuel costs, the Internal Revenue Service has raised the standard mileage deduction for the business use of a vehicle. It means you can recover more of the costs of operating your business vehicles. In 2023, the IRS raised the standard mileage rate for businesses by $0.03. It brings it up […]
Posts Tagged ‘deduction’
McConnell pushes for ‘3-Martini Lunch’ Deduction while letting millions of Americans go hungry
December 5th, 2020 
Awake Goy As tens of millions of Americans are struggling to afford food, Senate Majority Leader Mitch McConnell pushes for a 100% tax deduction for business meals. This relief measure is a direct gift to corporate executives and leaves many, like Senator Bernie Sanders, furious. “Mitch McConnell’s ‘new’ Covid relief bill gives CEOs a 100% tax deduction […]
Posted in Jewish News 
Tags: deduction, letting, lunch, martini, McConnell, pushes, while 
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