"IRS Increases the Standard Mileage Rate for Business Use in 2025; Key Rate Increases 3 Cents to 70 Cents per Mile." Internal Revenue Services. "Publication 463 (2023), Travel, Gift, and Car ...
“Publication 525: Taxable and Nontaxable Income.” Page 20. Internal Revenue Service. “Publication 463: Travel, Gift, and Car Expenses.” Page 22. Internal Revenue Service. "Fully Insured ...
A new year will mean a new, slightly higher standard mileage rate for 2025. The Internal Revenue Service on Thursday announced that the 2025 standard mileage rate will go up by 3 cents per mile to ...
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 ...
A new year will mean a new, slightly higher standard mileage rate for 2025. The Internal Revenue Service on Thursday announced that the 2025 standard mileage rate will go up by 3 cents per mile to 70 ...
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