Every year, the Internal Revenue Service announces the optional standard mileage reimbursement rates. The IRS uses these rates to calculate the deductible costs of operating a vehicle for business, charitable, medical or moving purposes. Inflation is the primary reason why mileage reimbursement rates are have been adjusted for 2017.
Cash Flow vs. Profit: The Hidden Reason Healthy Businesses Struggle
Strong profits but no cash in the bank? Learn why profit and cash flow are different, and how growing businesses can stay financially stable.