Taxpayers who claim the standard mileage rate deduction for the miles they log for business purposes will be able to write ...
The 2024 mileage rate for use of your vehicle to do volunteer work for certain charitable organizations is 14 cents a mile.
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.
The IRS standard mileage rate for business is based on an annual study of the fixed and variable costs of operating an automobile. The rate for medical and moving purposes is based on the variable ...