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 ...
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IRS Raises Standard Mileage Rate To 70 Cents for 2025Source: 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 ...
On December 19, the IRS published an updated mileage reimbursement rate for 2025: $0.70 per mile, a three cent increase from ...
December 23, 2024 - WASHINGTON — The Internal Revenue Service has announced that the optional standard mileage rate for ...
The optional standard mileage rate for automobiles driven for business will increase 3 cents in 2025, the Internal Revenue ...
The Internal Revenue Service issued the 2025 optional standard mileage rates today for computing the deductible cost of ...
Optional standard mileage rates are used to calculate the deductible costs of operating vehicles for business, charitable and medical purposes, as well as for active-duty members of the Armed Forces ...
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.
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