The Internal Revenue Service on Thursday announced that the 2025 standard mileage rate will go up by 3 cents per mile to 70 ...
The Internal Revenue Service (IRS) has announced updated optional standard mileage rates for 2025, affecting taxpayers using ...
Source: The College Investor The IRS just released their standard mileage rates for 2025. There was an increase of 3 cents ...
The Internal Revenue Service is increasing the "optional standard mileage rate" used to calculate tax deductions by 3 cents a ...
The IRS has announced its 2025 standard mileage rates. Beginning January 1, 2025, the standard mileage rates for the use of a car, van, pickup, or panel truck will be: 70 cents per mile driven for ...
December 23, 2024 - WASHINGTON — The Internal Revenue Service has announced that the optional standard mileage rate for ...
On December 19, the IRS published an updated mileage reimbursement rate for 2025: $0.70 per mile, a three cent increase from ...
The IRS standard mileage rate is a key benchmark that's used by the federal government and used by many businesses to reimburse their employees for their out-of-pocket mileage expenses.