What Is The Mileage Rate For 2025 Ford Explorer . 2024 Mileage Allowance Lizzy Querida This change reflects the rising costs of operating a vehicle The IRS has released (Notice 2025-5) the 2025 standard mileage rates
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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 updated rates, effective January 1, 2025, are as follows: 70 cents per mile for business use of a vehicle (up from 67 cents in 2024)
2025 Ford Explorer Trim Levels Comparison What's New? The IRS has released (Notice 2025-5) the 2025 standard mileage rates Here are the mileage rates for the year 2025: For business use, the rate has increased by 3 cents from the previous year, now set at 70 cents per mile The IRS has announced the following standard mileage rates for 2025: Business use : 70 cents per mile (up from 67 cents in 2024)
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2025 Ford Explorer Trim Levels Comparison What's New? . Note that the rates apply to electric, hybrid, gas, and diesel-powered vehicles. For 2025, the business standard mileage rate is 70 cents per mile (up from the 67-cent rate that applied during 2024).
IRS Standard Mileage Rate 2023, Reimbursement Rules, Rates . 21 cents per mile driven for medical or moving purposes for qualified. Here are the mileage rates for the year 2025: For business use, the rate has increased by 3 cents from the previous year, now set at 70 cents per mile