Those using personal vehicles for business will see a slight increase, while other uses saw rates drop slightly or remain ...

Taxpayers who claim the standard mileage rate deduction for the miles they log for business purposes will be able to write ...

The Internal Revenue Service announced the new standard mileage rate for 2026. These rates apply to 2026 tax returns that ...

Millions of Americans who drive for work or recently financed a car are heading into tax season with a very different set of ...

Business owners who track mileage for tax deductions will see a rate increase starting Jan. 1, but the rules for when you can ...

The federal mileage rate for 2026 just hit a record: 72.5 cents per mile. The IRS announced the 2.5-cent jump on December 29, ...

The IRS has announced that the 2026 standard mileage rate for business use is 72.5 cents per mile, the highest rate on record. Medical and military moving rates dipped.

The IRS announces an increase in the standard mileage rate for business use of vehicles. Starting January 1, 2026, the rate ...

The IRS will raise the 2026 standard mileage rate to 72.5 cents per mile for business use, citing inflation and updated ...

The Internal Revenue Service is lifting the standard mileage allowance for 2026 to 72.5 cents per mile, a small but ...

Taxpayers using the standard mileage rate for a vehicle they own and use for business must choose to use the rate in the ...