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

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

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

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 has raised the standard mileage rate that taxpayers can use for business driving in 2026, while leaving the medical, moving and charitable rates at their prior levels. For ...

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.

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

Gig workers get a tax break with higher mileage rates for 2026. The IRS increased business driving deductions to 72.5 cents ...

Mileage reimbursement is the process of compensating employees who use their personal vehicle for business purposes. It helps cover car-related expenses like gas, maintenance, wear and tear, and more.

Driving can be more than just a part of your daily routine — it can also give you a deduction on your tax return. If you drive as part of your business, while volunteering for a charitable ...

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