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, ...
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The IRS just increased the standard mileage rate for employees. Here's how it could save you money
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 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 ...
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