Blog: 2025 IRS Mileage Rates

 

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IRS Releases New Mileage Rates for 2025

Posted on December 19, 2024 by
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The Internal Revenue Service issued the 2025 optional standard mileage rates today for computing the deductible cost of operating an automobile for business, charitable, medical, or moving purposes. The most notable change is the per mile increase for business use mileage. Effective January 1, 2025, the optional standard mileage rates for the use of a [โ€ฆ]