One fast tax tip to review before filing your 2024 federal income tax return is the IRS mileage rate. It's a much-talked-about deduction, but it's also a tax break that stalls out for plenty of ...

The Internal Revenue Service (IRS) has issued the 2019 standard mileage rates. Beginning on January 1, 2019, the standard mileage rates for the use of a car, van, pickup or panel truck will be: 58 ...

The Internal Revenue Service announced an increase in the standard mileage rates when people use their vehicles for business use. The standard mileage deduction rose to 67 cents per mile, up 1.5 cents ...

65.5 cents per mile for business purposes 22 cents per mile for medical or moving purposes 14 cents per mile for charitable purposes The new mileage rates are up from 58.5 cents per mile for business ...

BOSTON, December 19, 2024--(BUSINESS WIRE)--The Internal Revenue Service (IRS) has unveiled the 2025 business mileage standard rate of 70 cents, leveraging data from Motus 1, the leader in vehicle ...

Better late than never: The Internal Revenue Service (IRS) has issued the 2020 standard mileage rates. Beginning on January 1, 2020, the standard mileage rates for the use of a car, van, pickup or ...

Gas prices may be down, but business mileage rates—how much you can deduct if you use a car for business purposes—are up for 2015. The Internal Revenue Service announced standard mileage rates for ...