Republicans are trying to create tax deductions for tips, car loan interest and overtime pay. Experts say they wouldn’t ...

Sarasota, Florida-- (Newsfile Corp. - March 18, 2025) - MileageWise, a leader in retroactive mileage tracking, introduces a game-changing feature: Google Maps Timeline Import from Mobile Devices ...

More: Guide to 2024 taxes: W-2 arrival dates, 1099-K form confusion, free filing options The mileage rate is useful to know at tax time for those traveling for volunteer work and others.

Starting Jan. 1, 2024 the mileage tax deduction will now be 67 cents per mile driven — up 1.5 cents from 2023. Find out if you qualify for this deduction.

Other mileage rates will not go up in 2025. More: A new supersize limit for some 401 (k) contributions hits in 2025: What you need to know The standard mileage rate for medical purposes remains at ...

The IRS has announced its 2025 standard mileage rates. Beginning January 1, 2025, the standard mileage rates for the use of a car, van, pickup, or panel truck will be: ...

The IRS notes: "The standard mileage rate for business use is based on an annual study of the fixed and variable costs of operating an automobile. The rate for medical and moving purposes is based ...

The mileage rate for charity purposes has remained unchanged at 14 cents per mile from 2011 to 2024. Standard Mileage Rate vs. Actual Expense Method Not everything is tax deductible.