2022 Business Mileage Update
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Manage episode 334776140 series 3372835
Effective July 1, 2022, the IRS increased the Standard Mileage Rate from 58.5 cents to 62.5 cents. In this video, I explain everything you must know to take advantage of this tax deduction.
Say Yes To Profits Plan 👉🏾 https://www.sayyestoprofits.com/plan
IRS Standard Mileage Rate Announcement 👉🏾 https://www.irs.gov/newsroom/irs-increases-mileage-rate-for-remainder-of-2022
Octavia Conner is a financial consultant specializing in outsourced CFO and tax services. With a focus on profitability, her firm Say Yes to Profits has built a track record of helping clients grow between 30% and 850% within a year and saving over 60% in taxes. Octavia has over a decade of experience in accounting and finance. Her ultimate goal is to help her clients cross the million-dollar mark within four years or less.
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👇🏾EPISODE DISCLAIMER The video is for educational and informational purposes only. This video is not intended for professional advice and should be acted on at your own risk. If you need bookkeeping, accounting, CFO, and tax assistance, contact Say Yes To Profits today
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