IRS Boosts 2025 Business Mileage Rate to 70 Cents per Mile

IRS raises standard mileage rate for business use in 2025; key rate increases by 3 cents to 70 cents per mile The Internal Revenue Service has announced that the optional standard mileage rate for business-related vehicle use will rise by 3 cents in 2025, bringing the rate to 70 cents per mile. Mileage rates for […]