Oklahoma Turnpike Authority increases tolls by 1 cent per mile in 2025

Cents Per Mile 2025. Irs Mileage Rate Increase 2025 Neh Institute Hub For 2025, the IRS has increased the standard mileage rate to 70 cents per mile — a 3-cent jump from the IRS standard mileage rates 2024, which was 67 cents per mile for business use. The standard mileage rates for the use of a car, van, pickup, or panel truck are: 70 cents per mile driven for business use

The updated rates include a 3 cents per mile increase for business use For 2025, the IRS mileage rate is 70 cents, a three-cent increase from 2024's mileage rate of 67 cents per mile

Irs Mileage 2025 Reimbursement Rate Free Sara Roman

But you can't just guess how many miles you've driven or throw random numbers into your tax return The Internal Revenue Service (IRS) recently announced the updated optional standard mileage reimbursement rates for 2025 This announcement, which was made on December 19, 2025, applies to all electric, hybrid-electric, gasoline, and diesel-powered conventional vehicles (cars, vans, pickups or panel trucks).

The Search Begins for 2025 Coins. The rates apply to fully-electric and hybrid automobiles, as well as gasoline and diesel-powered vehicles A delivery driver logs 10,000 business miles in 2025

IRS issues standard mileage rates for 2023; business use increases 3. These rates are guided and established by the National Joint Council (NJC) and adopted by the Canada Revenue Agency for application of the Directive on Travel. While the mileage rate for charitable use is set by statute, the mileage rate for business use is based on an annual study of the fixed and variable costs of operating an automobile.