The Internal Revenue Service announced new standard mileage rates for 2026. The rate for automobiles used for business ...

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

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 new standard mileage rates for 2026, increasing the business mileage deduction to 72.5 ...

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

The standard mileage rate has also been ticking upward over the past few years: ...

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 Internal Revenue Service (IRS) has updated the cents-per-mile rates for calculating tax-deductible vehicle operating ...

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

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

Self-employed individuals, gig workers, freelancers, and small businesses who use personal vehicles for business can claim ...