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

The Internal Revenue Service (IRS) has announced updated optional standard mileage rates for 2025, affecting taxpayers using ...

The Internal Revenue Service is increasing the mileage rate starting Jan. 1, 2025. Photo: Al Drago/Bloomberg via Getty Images ...

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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 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.

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 Bank of England has held interest rates at 4.75% in December - following two falls in 2024. Interest rates affect the mortgage, credit card and savings rates for millions of people across the UK.

The IRS business mileage standard cents-per-mile (CPM) rate provides a tax-free threshold for reimbursements that U.S. employers can offer to employees, in addition to individual tax deductions.

The IRS business mileage standard cents-per-mile (CPM) rate provides a tax-free threshold for reimbursements that U.S. employers can offer to employees, in addition to individual tax deductions. For ...

Soldiers, sailors and other new military recruits in Washington, as elsewhere, earn a pittance of about $5 less per hour than Washington’s minimum wage. Exempt from state law, men and women in ...