The Internal Revenue Service on Thursday announced that the 2025 standard mileage rate will go up by 3 cents per mile to 70 cents for the optional mileage rate for automobiles driven for business.
The IRS increased the optional standard mileage rate used to calculate the deductible costs of operating a vehicle for business to 70 cents per mile driven, up 3 cents from 2024. The increased rate is ...
The optional standard mileage rate for automobiles driven for business ... And only taxpayers who are members of the military on active duty may claim a deduction for moving expenses incurred ...
The most notable change is the slight per mile increase for businesses. Effective January 1, 2025, the optional standard mileage rates for the use of a car (also vans, pickups or panel trucks ...
The Internal Revenue Service on Thursday announced that the 2025 standard mileage rate will go up by 3 cents per mile to 70 cents for the optional mileage rate for automobiles driven for business.
Source: The College Investor The IRS just released their standard mileage rates for 2025. There was an increase of 3 cents ...
The Black Knights average 298.9 yards rushing per ... chart is that of backup punter Cooper Allan; he hasn't punted all season but had been listed as the backup to James Wagenseller. More: Army's ...
The rates apply to 299 military housing areas in the continental ... amounting to about $90 to $202 per month out of pocket in 2025, depending on rank and whether the service member has dependents.