Govt. Hikes Mileage Deduction! Save Major Money

About this episode

The episode discusses the IRS's increase to the standard mileage rate and its implications for freelancers and creators in terms of tax deductions.

The IRS announced an increase to the standard mileage rate--an important tax development for freelancers and creators. Hear how this equals a major tax deduction for the creator economy and how you can maximize it to save hundreds, if not thousands, off your taxes. Also Check Out: Other Tax Deductions You May Be Underreporting ***** If you want to stay in the know about what's happening and what's relevant to creators and freelancers, SUBSCRIBE to this podcast whereever you listen and SIGN UP for the KnowGood Newsletter . If you like what you hear, please SHOW SOME LOVE via: Cash App: $KnowGoodWriter PayPal: paypal.me/KnowGoodMedia. ALL SUPPORT IS GREATLY APPRECIATED 🙏 ***** While you're focused on maximizing your time, also think about maximizing your mone y! With Walmart Business , you can s ave time, money & hassle. How? Low prices Scan & Go Free shipping Free delivery 2% back in rewards

People in this episode

Host: KnowGood Podcast

Topics covered

• tax deductions
• freelancers
• creator economy
• mileage rate
• money saving

Keywords

• mileage deduction
• IRS
• tax savings
• freelancers
• creator economy
• tax deductions
• Walmart Business

Sponsors

Walmart Business

Mentioned in this episode

Organizations: IRS