As the 2025 tax year winds down, the IRS has provided the new standard mileage rate for 2025 business miles.
Refer to the table below for a comparison of the 2024 and 2025 allowable mileage rates.
2024 | 2025 | |
|---|---|---|
Business Use | 67 cents per mile | 70 cents per mile |
Charity Use | 14 cents per mile | 14 cents per mile |
Medical/Moving
(limited situations) | 21 cents per mile | 21 cents per mile |
We also remind you to take a moment at or near the calendar year-end to record your end of year odometer readings for all your vehicles used in the business.
