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

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

The IRS announced that the standard mileage rate for 2026 is going up. That means more money in the pockets of some drivers.

The Internal Revenue Service announced new standard mileage rates for 2026, increasing the business mileage deduction to 72.5 ...

WASHINGTON -- The standard mileage rate for the business use of a car, truck, van or other vehicle will increase by 2.5 cents ...

The IRS increased the optional standard mileage rate used to calculate the deductible costs of operating a vehicle for ...

As the new year approaches, taxpayers are eager to understand how changes in the IRS standard mileage rate can impact their tax deductions. This article explores the implications of the increased ...

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, ...

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

Beginning Jan. 1, 2026, the standard mileage rates for the use of a car, van, pickup or panel truck will be: 20.5 cents per ...

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

A sign outside the Internal Revenue Service building in Washington, on May 4, 2021. Effective immediately, the Internal Revenue Service will end its decades-old policy of making unannounced home and ...