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  • Writer's pictureKathryn Bruns, CPA

Business mileage deduction

In case you haven't heard, as a way to help deal with gas prices, the mileage allowance will increase to 62.5 cents per mile on 7/1. Medical and moving related mileage will increase to 22 cents per mile. Not sure how much this will actually help, but there you go. Hope your summer is going well !

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