IRS Increases Standard Mileage Rate for Business Use in 2025 The IRS has raised the standard mileage rate for business use by 3 cents, bringing it to 70 cents per mile for 2025. Other mileage rates remain unchanged from 2024. […]
The Standard Business Mileage Rate is Going Up in 2023 By: David M. Reape Although the national price of gas is a bit lower than it was a year ago, the optional standard mileage rate used to calculate the deductible cost of operating an […]