GSA Announces Mixed Bag of Changes in Mileage Rates

GSA Announces Mixed Bag of Changes in Mileage Rates

The mileage reimbursement rate for calendar year 2025 for using a privately owned vehicle on federal travel if no government-owned ...More The article GSA Announces Mixed Bag of Changes in Mileage Rates was first published on FEDweek.

The 2025 tax season will begin on January 21, when the Internal Revenue Service begins to accept the declarations of millions of taxpayers. If you are going to declare, you must take into account a series of changes in amounts and percentages that will be applied by the federal entity.You must be clear that you must declare all income, including income from part-time work, secondary jobs or the sale of goods and services, are subject to taxes.Do…

IRS Announces Standard Mileage Rates for 2025 - Holbrook & Manter

The Internal Revenue Service (IRS) has set the optional standard mileage rate for automobiles driven for business purposes at 70 cents per mile for 2025. That is a 3-cent increase from last year. The rate for vehicles driven for other purposes will remain the same as they were in 2024. The IRS lists the following standard mileage rates for 2025 on their website: 70 cents per mile driven for business use, up 3 cents from 2024. 21 cents per mile …