Taxpayers who claim the standard mileage rate deduction for the miles they log for business purposes will be able to write ...

One fast tax tip to review before filing your 2024 federal income tax return is the IRS mileage rate. It's a much-talked-about deduction, but it's also a tax break that stalls out for plenty of ...

With most pandemic-era policy changes in the rearview mirror, the 2025 tax season is mostly business as usual.

The standard mileage rate for 2025 is 70 cents per mile for business use, 14 cents for charity use and 21 cents for military moving or medical purposes, according to the IRS. These rates will be ...

The Internal Revenue Service (IRS) has confirmed that interest rates for the calendar quarter beginning April 1, 2025, will ...