The Internal Revenue Service on Thursday announced that the 2025 standard mileage rate will go up by 3 cents per mile to 70 ...

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.

The Internal Revenue Service issued the 2025 optional standard mileage rates today for computing the deductible cost of ...

IRS funding, beneficial ownership information (BOI) report update, 2025 standard mileage rates, tax filing deadlines, and ...

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 ...