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Irs Business Mileage Rate 2025 Announcement
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Irs Business Mileage Rate 2025 Announcement. The optional standard mileage rate for automobiles driven for business will increase by 3 cents in 2025, while the mileage rates for vehicles used for other purposes will remain unchanged from. Learn how this change impacts your tax deductions for vehicle expenses.
This is up from 67. The irs has announced its annual optional standard mileage rates for 2025.
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