Employees who work at companies that use the IRS mileage rate will be reimbursed at a higher rate in 2025.

The IRS mileage reimbursement rate is a deduction you can take for using a vehicle for qualifying purposes. Find out if you qualify.

Mileage reimbursement is a crucial aspect for businesses that require employees to use their personal vehicles for work.

The general rule is that any ordinary and reasonable expense you pay while conducting a business activity is deductible in ...

As the IRS continues to accept returns, here's what to know about tax rates for year 2024, how to track your refund and dates to remember.

The optional standard mileage rate for automobiles driven for business will increase 3 cents in 2025, but the mileage rates for vehicles used for other purposes will stay unchanged.

IRS overpayments happen when taxpayers or businesses paid an excessive amount of tax. The IRS will correct these overpayments with a refund, which is also where the interest rate plays a role.

BOSTON--(BUSINESS WIRE)--The Internal Revenue Service (IRS) has unveiled the 2025 business mileage standard rate of 70 cents, leveraging data from Motus 1, the leader in vehicle reimbursement and ...

IRS overpayments happen when taxpayers or businesses paid an excessive amount of tax. The IRS will correct these overpayments with a refund, which is also where the interest rate plays a role.