Irs Standard Mileage Rate 2025 For Charitable

Irs Standard Mileage Rate 2025 For Charitable. The internal revenue service (irs) issued the 2025 standard mileage rates effective january 1. Using the irs mileage rate can lead to significant tax savings.

The new standard mileage rate in 2025 per the internal revenue service is 70 cents per mile, an increase of 4.5% over the previous year. The irs issued an increase in the standard mileage rates for business travel, effective january 1, 2025.