The final 2025 federal employer’s guide for fringe benefits was released Dec. 23 by the Internal Revenue Service.
The only substantive changes from the draft of the 2025 Publication 15-B, Employer’s Tax Guide to Fringe Benefits, were to add the 2025 standard mileage rate of 70 cents per mile and the maximum value of a vehicle for which the mileage rate can be used, which is $61,200 in 2025. These figures were represented by placeholders in Publication 15-B’s drafts.
Learn more about Bloomberg Tax or Log In to keep reading:
See Breaking News in Context
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools and resources.