The IRS increased the optional standard mileage rate used to calculate the deductible costs of operating a vehicle for business to 72.5 cents per mile driven, up 2.5 cents from 2025.
Under the new framework, excise duty will no longer depend on actual production or self-declared output. Duty will be levied on a deemed quantity of production linked to the maximum capacity of the ...
Only deductible W-2 wages are included in calculating a taxpayer’s Sec. 199A qualified business income deduction.
Adopting all federal tax changes could cost the state of Indiana half a billion dollars, according to one independent ...
Restaurants and hotels in the hospitality industry often add an automatic service charge to customers’ bills. As we close out the year and head into 2026, businesses in the hospitality industry may ...
The IRS announces an increase in the standard mileage rate for business use of vehicles. Starting January 1, 2026, the rate ...
The IRS has announced that the 2026 standard mileage rate for business use is 72.5 cents per mile, the highest rate on record. Medical and military moving rates dipped.
The 2026 IRS standard mileage rate increased to 72.5 cents from the 2025 rate of 70 cents and will go into effect January 1, 2026. Driving costs have changed in 2026 due to some key factors and trends ...
For the first time in more than half a century, Unity officials are proposing to increase the township real estate tax by ...
Changes to the Renton Business and Occupation tax will change how certain businesses and practices are classified for tax ...
Conservative infrastructure anchors operations while intelligent automation revitalizes industrial productivity. Domestic expertise ensures reliability through localized delivery models. Such dynamics ...
The Boston City Council voted unanimously to set tax rates that will bring a projected 13% tax increase for the average single-family homeowner next year. The Council voted, 12-0, Wednesday to set the ...
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