The Internal Revenue Service has increased the optional standard mileage rate for business use of automobiles for 2026.
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 ...
The IRS increased the optional standard mileage rate used to calculate the deductible costs of operating a vehicle for ...
The IRS raised the 2026 business mileage rate to 72.5 cents per mile. Medical rate ticked down slightly, charitable rate ...
The IRS will raise the 2026 standard mileage rate to 72.5 cents per mile for business use, citing inflation and updated vehicle cost data.
WASHINGTON -- The standard mileage rate for the business use of a car, truck, van or other vehicle will increase by 2.5 cents ...
The Internal Revenue Service announced new standard mileage rates for 2026. The rate for automobiles used for business ...
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.
Gig workers get a tax break with higher mileage rates for 2026. The IRS increased business driving deductions to 72.5 cents per mile from last year.