The IRS has issued the 2012 optional standard mileage rates used for deducting the costs of operating an automobile for business, charitable, medical or moving purposes. They are: 55.5 cents per mile ...

One fast tax tip to review before filing your 2024 federal income tax return is the IRS mileage rate. It's a much-talked-about deduction, but it's also a tax break that stalls out for plenty of ...

The IRS allows qualified taxpayers to deduct vehicle mileage related to business, charity, medical or moving purposes — but there are several important rules to know. Many, or all, of the products ...

65.5 cents per mile for business purposes 22 cents per mile for medical or moving purposes 14 cents per mile for charitable purposes The new mileage rates are up from 58.5 cents per mile for business ...

The IRS just released their standard mileage rates for 2025. There was an increase of 3 cents from 2024 for the standard ...

There's good news and bad news about gas prices. The good news is that the cost of fueling up has gone down, meaning more money in your pocket. The bad news is that, since those costs are tied to the ...

WASHINGTON — The Internal Revenue Service, citing the drain that high gasoline prices are having on people's finances, said Monday it is raising the automobile mileage rate that businesses and others ...

The Internal Revenue Service (IRS) has issued the 2019 standard mileage rates. Beginning on January 1, 2019, the standard mileage rates for the use of a car, van, pickup or panel truck will be: 58 ...

It will cost you less at the pump to fill your car next year. The U.S. Department of Energy has issued its predictions for the price of gasoline for 2015 and the numbers are the lowest full-year ...