Standard Mileage Rate 2025 In Massachusetts . Irs Standard Mileage Rate 2025 Cyndi Dorelle Typically, companies utilize the IRS standard mileage rate for business, which was set at 70 cents per mile for 2025, because that allows for tax-free reimbursements. The IRS sets a standard mileage rate to calculate the deductible or reimbursable cost of miles driven for business, charity, medical, or moving purposes
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Standard Mileage Reimbursement Rate 2025 Quinn Ramsey The Internal Revenue Service issued Notice 2025-05 on Dec The deductible mileage for medical and military moving expense remained unchanged at 21. The Internal Revenue Service issued Notice 2025-05 on Dec
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2025 IRS Standard Mileage Rates Key Updates and Insights for Taxpayers Best Tax Accountant in . Massachusetts law requires employers to reimburse employees for using their personal vehicles during work hours, but the reimbursement rate. The standard mileage rates for 2025 are: Self-employed and business: 70 cents/mile ; Charities: 14 cents/mile ; Medical: 21 cents/mile ; Moving (military only): 21 cents/mile