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Insights from the Fastlane

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Michael DiSabatino of Sharp CFO™ offers expert insights to help you unlock your business's full potential by delivering proven strategies for maximizing tax savings, streamlining operations, and driving sustainable growth.

Update your mileage rate reimbursements

Update your mileage rate reimbursements

If you plan on using your vehicle for business, medical appointments or moving during 2018, make sure you know the standard mileage rates have changed.

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2018 Mileage Rates: New mileage rates announced by the IRS

The IRS recently announced mileage rates to be used for travel in 2018. The Business mileage rate increases by 1 cent. The Medical and Moving mileage rates are also raised by 1 cent. Charitable mileage rates are unchanged.

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