
Industry: Middle Market
Edwards
Engle
Fey
IRS Announces New Mileage Reimbursement Rates for 2025

The IRS has announced that the optional standard mileage rate used to calculate the costs of operating a car, van, pickup truck, or panel truck for business purposes in 2019 will be 58 cents per mile, up from 54.5 cents per mile in 2018.