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IRS Hikes Mileage Deduction to Ease Impact of High Gas Prices

Episode 1320 Published 4 years, 2 months ago
Description

In an unusual midyear move, the IRS has raised the standard mileage rate for the self-employed to 62.5 cents. WSJ personal-finance reporter Ashlea Ebeling joins host J.R. Whalen to discuss other ways that self-employed workers who rely on their car can save money.



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