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 ...

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 ...

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 ...

Drivers who use their personal vehicles for work will see a slight boost in tax deductions starting January 1. The Internal Revenue Service (IRS) has announced ...

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

Beginning Jan. 1, 2026, the standard mileage rates for the use of a car, van, pickup or panel truck will be: 20.5 cents per ...

The IRS has announced that the 2026 standard mileage rate for business use is 72.5 cents per mile, the highest rate on record. Medical and military moving rates dipped.

The 2026 IRS standard mileage rate increased to 72.5 cents from the 2025 rate of 70 cents and will go into effect January 1, 2026. Driving costs have changed in 2026 due to some key factors and trends ...