It’s meant to simplify how taxpayers — businesses and individuals — calculate their deductible mileage costs. IRS Standard Mileage Rates for ... to multiply the current IRS mileage by ...

With average car insurance rates increasing by over 30 percent in the past two years, drivers across the country are ...

In response to rapidly rising gas prices, the IRS took the unusual step of increasing the standard mileage rates in the middle of the year (they're normally adjusted for inflation only once per year).

Here's a breakdown of everything you need to know about the current mileage rates and how to claim mileage on your taxes. How much you can deduct for mileage depends on the type of driving you did.