2025 IRS mileage rate increases to $.70 per mile
Happy New Year!
Good news for small business owners. The IRS has increased the standard mileage rate for business use of your car from 67 cents per mile in 2024 to 70 cents per mile in 2025.
Don’t miss out on your deductions. Just tell Seller Ledger the date of the trip, a description of its purpose, and the distance traveled – we’ll calculate the rest.