Good news for those who are eligible to deduct business miles. Not so much for medical and moving miles. Read IRS Raises Business Mileage Rate for 2025 — but Leaves 3 Other Rates the Same from ...

Good news for those who are eligible to deduct business miles. Not so much for medical and moving miles. Advertising Disclosure: When you buy something by clicking links within this article, we may ...

Congress revoked an additional $20 billion from the Internal Revenue Service last week when lawmakers averted a government shutdown, a cut that may undo many of President Joe Biden’s efforts to ...

The IRS today increased the optional standard mileage for automobiles driven for business by 3 cents for 2025, while the mileage rates for vehicles used for other purposes will remain unchanged from ...

The Internal Revenue Service (IRS) said around 1 million taxpayers will get up to $1,400 in a rebate in the coming weeks. The automatic payments, which are set to go out later this month ...

WASHINGTON, D.C. — The Internal Revenue Service (IRS) has announced updated optional standard mileage rates for 2025, affecting taxpayers using automobiles for business, medical, moving ...

December 23, 2024 - WASHINGTON — The Internal Revenue Service has announced that the optional standard mileage rate for automobiles driven for business will increase by 3 cents in 2025 ...

Some Americans who qualified for a pandemic-era tax credit but did not claim it will get up to $1,400 in their account within the next month. By Sara Ruberg About one million taxpayers who were ...

(AP) — Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks. The money will be directly deposited into eligible people ...