Setting the best deductible for car insurance is key to getting the right coverage at the right price. But first, you need to ...

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

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

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

In proposed regulations for the car loan interest deduction, the IRS addresses issues for taxpayers and lenders, including eligibility criteria for the deduction and information-reporting requirements ...

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

Millions of drivers nationwide will see significant tax relief this year, with the IRS announcing a new deduction.The updates follow the passage of the ...

As the new year approaches, taxpayers are eager to understand how changes in the IRS standard mileage rate can impact their tax deductions. This article explores the implications of the increased ...

Among other tax law changes for 2026, the Internal Revenue Service announced that the optional standard mileage rate for business use of automobiles will increase by 2.5 ...

Top accountant Pauline Ho founder of Laus Consulting Services LLC in Orlando, FL, explains that many small business owners ...

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