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 ...

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

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

The Internal Revenue Service (IRS) announced last week that it will adjust its optional standard mileage rates for 2026, increasing the deduction for business travel while lowering ...

Among other tax law changes for 2026, the Internal Revenue Service announced that the optional standard mileage rate for business use of automobiles will increase by 2.5 ...

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

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WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring, even as inflation stays elevated. But Fed ...

The Internal Revenue Service has announced new tax inflation rates, standard deductions and new federal income tax brackets for 2026 — and the adjustments may surprise you. While the tax rate ...

The IRS released the new federal income tax brackets and standard deductions for 2026. Here's what to know about the new tax rates and how the changes will affect you. New IRS updates announced on ...