The Internal Revenue Service ended 2024 with new regulations on reporting cryptocurrency transactions, amendments for ...

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

The IRS just released their standard mileage rates for 2025. There was an increase of 3 cents from 2024 for the standard business rate, while medical, moving, and charity rates remained the same.

In 2024, the mileage rate was 67 cents a mile. Where can you download IRS tax forms? To download official IRS forms, go to the IRS website. If you know the form you need, enter the number into the ...

The new rate kicks in beginning Jan. 1 and it would apply to 2025 tax returns that would be filed in 2026. The IRS standard mileage rate is a key benchmark that's used by the federal government ...

The IRS increased the optional standard mileage rate used to calculate the deductible costs ... first made available in calendar year 2025. Our expert tax report highlights the important issues that ...

With the turn of the calendar, taxpayers should be preparing to file their 2024 tax returns ... mail your request for an extension, download IRS form 4868 here and print it out.

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.

You may also use more than one rate on your tax return. To use the rates, simply multiply the standard mileage rates by the number of miles traveled. Let’s say, for example, that you drive ...