The Internal Revenue Service has increased the optional standard mileage rate for business use of automobiles for 2026.
The Internal Revenue Service recently announced that the standard mileage rate for business use of automobiles increased by 2.5 cents for 2026. The rates are used to calculate the deductible costs of ...
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Even after a hike, the IRS mileage rate hasn’t caught up in decades
The federal mileage deduction is supposed to be a simple proxy for what it really costs to put a car on the road for work.
Woodward County has been awarded a $160,000 federal grant to develop a countywide traffic safety plan aimed at identifying ...
If you’re one of the millions of Americans who claim mileage when using your personal vehicle for work, you’re getting a slight raise in 2026. The Internal Revenue Service is increasing the optional ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The IRS is raising the standard ...
WASHINGTON — The IRS is increasing the standard mileage rate for commuters driving on business, meaning some employees could see an increase in their reimbursement checks this year or a lower tax bill ...
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, 2025, and it kicks in January 1. That rate matters whether you're a W-2 ...
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