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

A new year will mean a new, slightly higher standard mileage rate for 2025. The Internal Revenue Service on Thursday ...

A basic explainer of the business mileage standard rate, plus a look at what led the IRS to change the rate this year.

The IRS standard mileage deduction for vehicle business use applies in 2025 whether you drive an all-electric, hybrid or standard gasoline-powered vehicle.

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 ...