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.

The Internal Revenue Service announced new standard mileage rates for 2026, increasing the business mileage deduction to 72.5 ...

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 ...

The Internal Revenue Service has raised the standard mileage rate that taxpayers can use for business driving in 2026, while leaving the medical, moving and charitable rates at their prior levels. For ...

Taxpayers using the standard mileage rate for a vehicle they own and use for business must choose to use the rate in the ...

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

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

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, ...

As part of some changes, the IRS will no longer be issuing tax refunds by paper check to most individual taxpayers who file ...

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 ...

A Reddit user took up a part-time job as Rapido Captain and revealed his earnings after working for four days.

From self-employment tax on your side hustle to surprise bills when debt gets forgiven, these seven tax obligations catch ...