The 2025 mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, ...

Taxpayers who claim the standard mileage rate deduction for the miles they log for business purposes will be able to write ...

The IRS just released their standard mileage rates for 2025. There was an increase of 3 cents from 2024 for the standard business rate, while medical, moving, and charity rates remained the same.

The IRS is raising the 2025 business mileage rate to 70 cents per mile. Families and businesses must adapt to ensure fair ...

The IRS has decided to boost the standard mileage rate for drivers who also use their vehicle for business purposes in 2025. Here's what it means. Despite the fact that gasoline prices are about 3 ...

A new year will mean a new, slightly higher standard mileage rate for 2025. The Internal Revenue Service on Thursday announced that the 2025 standard mileage rate will go up by 3 cents per mile to ...

New tax brackets and standard deductions are now in effect ... retirement plans in 2025 and a 3-cent increase to the mileage rate. Zoom in: By adjusting the tax brackets — as the IRS does ...