The IRS standard mileage deduction for vehicle business use applies in 2025 whether you drive an all-electric, hybrid or ...

Follow these eight steps to track your mileage and claim your tax deduction. The IRS allows deductions for vehicle use when driving for business, medical reasons, military relocation, or ...

The Internal Revenue Service on Thursday announced that the 2025 standard mileage rate will go up by 3 cents per mile to 70 ...

Mileage can be deducted for volunteer work and medical care, but IRS restrictions limit the amount you can claim. The Tax Cuts and Jobs Act of 2017 eliminated the ability of employees to deduct ...

Taxpayers who claim the standard mileage rate deduction for the miles they log for business purposes will be able to write ...

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 ...

The Internal Revenue Service (IRS) annually adjusts the allowable deductible mileage rate for inflation. Below are eight easy steps that you can follow to claim this tax deduction. The IRS allows ...

be warned that you cannot use the IRS business standard mileage rate to claim an itemized deduction for unreimbursed employee travel expenses. That change took place under the Tax Cuts and Jobs ...