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Irs Standard Mileage Rate 2025 Forecast
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Irs Standard Mileage Rate 2025 Forecast. The standard mileage rate for business use is. The irs is raising the standard mileage rate by 1.5 cents per mile for 2025.
Yes, the irs provides standard mileage rates updated annually, with the rate for 2023 being 65.5 cents per mile for business use. The standard mileage deduction rose to 67 cents per mile, up 1.5 cents from 2023.
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