The IRS increases the standard mileage rate for business use in 2025, offering taxpayers updated guidelines for calculating deductible vehicle expenses. Starting January 1, 2025, the optional standard mileage rate for automobiles driven for business purposes will rise by 3 cents, bringing the total to 70 cents per mile. This adjustment reflects the changing costs … Continue reading IRS Increases the Standard Mileage Rate for Business Use in 2025