Money Talks News on MSN3d
IRS Raises Business Mileage Rate for 2025 — but Leaves 3 Other Rates the Same
Taxpayers who claim the standard mileage rate deduction for the miles they log for business purposes will be able to write ...
Hosted on MSN6d
IRS increasing the business standard mileage rate
The IRS is raising the 2025 business mileage rate to 70 cents per mile. Families and businesses must adapt to ensure fair ...
JD Supra9d
2025 IRS Mileage Rates Have Been Announced
The 2025 mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, ...
The Business Journals27d
IRS increases standard business mileage rate for 2025
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 ...
Investopedia25d
Mileage Allowance: What It Is and How It Works
These include white papers, government data ... Internal Revenue Service. "Standard Mileage Rates." Internal Revenue Service. "Topic No. 510 Business Use of Car." Internal Revenue Service.
IRS will start accepting 2024 federal tax returns on Jan. 27: Here are some tips
The 2024 tax filing season is fast approaching. The Internal Revenue Service (IRS) will start taking returns on Jan. 27. So ...
ABC15 Arizona26d
IRS increases standard business mileage rate for 2025
Despite the fact that gasoline prices are about 3.4% lower than a year ago nationwide, the Internal Revenue Service will increase the optional standard mileage rate used by individuals for ...