Here are the 2025 Standard Mileage Rates from the IRS
Your browser does not support the audio element. On Dec. 19, 2024, the IRS announced the 2025 optional standard mileage rates, which are used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. The 2025...
Here are the 2025 Retirement Plan Limits
The IRS has released Notice 2024-80, containing cost-of-living adjustments for 2025 that affect the limits employees can contribute to 401(k) plans and individual retirement accounts (IRAs). Key Changes for 2025 Retirement Plans The employee contribution limit for...
What are the Employee Benefit Plan Limits for 2025?
Your browser does not support the audio element. Many employee benefit plans are subject to annual dollar limits that are adjusted for inflation by the IRS each year. The following commonly offered employee benefits are subject to these limits in 2025:High deductible...

