Gas prices may be down, but business mileage rates—how much you can deduct if you use a car for business purposes—are up for 2015. The Internal Revenue Service announced standard mileage rates for 2015 today for taxpayers to use in calculating the deductible costs of using a car for business.
A 2015 Toyota Prius gets 52 MPG. TODAY, the cost for gasoline ONLY to drive a Prius is less than 4-cents a mile.
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