Business standard mileage rate increases for 2025

The IRS increased the optional standard mileage rate used to calculate the deductible costs of operating a vehicle for business to 70 cents per mile driven, up 3 cents from 2024. The increased rate is effective as of Jan. 1, 2025. You can find more information from Notice 2025-5 .

The rate per mile driven in service of charitable organizations is set by statute and will remain at 14 cents per mile.