The Internal Revenue Service released its 2025 Standard Mileage Rates. As of January 1, 2025, the standard mileage rates for business use of a car (including vans, pickups, or panel trucks) will be 70 cents per mile, up 3 cents from 2024.
Click here to read the IRS notice on 2025 standard mileage rates.
Your League-member benefits include the Compliance Hotline — providing exclusive access to dedicated compliance experts:
Using the above phone number and email address, you can gain access to a knowledgeable team that’s ready to address all your credit union’s compliance inquiries — promptly and efficiently. With the Compliance Hotline, you can proactively respond to impromptu questions and issues by getting clarity and insight on technical topics that normally slow you down. We want to help you unlock the full potential of your League membership by leveraging the resources and support you need to navigate the complex world of compliance effortlessly. We’re ALWAYS just a phone call or email away!
Additionally, other League-member compliance resources include:
For more information, email Lisa Quaranta.
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