That’s up from 30 cents per mile in 2024 and 28 cents per mile ... some colleges will use the IRS business mileage rate for ...

The same rate of 21 cents per mile applies for specific moving purposes for qualified active-duty members of the Armed Forces. The IRS notes that under the Tax Cuts and Jobs Act taxpayers cannot ...

If you drive as part of your business, while volunteering for a charitable organization or for other eligible purposes, you might be able to deduct the cents per mile rate set by the IRS.

That's up from 67 cents a mile in 2024. The new rate kicks in beginning Jan. 1 and it would apply to 2025 tax returns that would be filed in 2026. The IRS standard mileage rate is a key benchmark ...