Standard Mileage Rates for 2025

Standard Mileage Rates for 2025

The IRS has announced the standard mileage rates for 2025, effective January 1, 2025: Business Use: 70 cents per mile, an increase of 3 cents from 2024. Medical or Moving Purposes: 21 cents per mile, unchanged from 2024. Charitable Service: 14 cents per mile, unchanged from 2024.   These rates apply to the use of…

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