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IRS Increases Standard Mileage Rate for 2025 🚗💸 The IRS has announced a 3-cent increase in the standard mileage rate for business use of vehicles, effective January 1, 2025. Here’s a quick breakdown: ▪️Business: 70 cents per mile (up 3 cents) ▪️Medical: 21 cents per mile (same as 2024) ▪️Active-Duty Military Moving: 21 cents per mile (no change) ▪️Charitable: 14 cents per mile (unchanged) 🔗 Full Article: https://www.juju-accounting.com/forum/tax-space/irs-increases-standard-mileage-rate-for-2
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