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Money Talks News on MSNIRS Raises Business Mileage Rate for 2025 — but Leaves 3 Other Rates the SameTaxpayers who claim the standard mileage rate deduction for the miles they log for business purposes will be able to write ...
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Taxes and Finance: Does your mileage log travel the distance?The tax code allows ... ideally with a detailed mileage log. Your odometer reading and miles driven should be noted as soon as possible after the event. Keep a log book in your car and note ...
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IRS Raises Standard Mileage Rate To 70 Cents for 2025The 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.
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