First off, let’s talk about why these mileage rates matter. For many small businesses, especially those relying on vehicles, ...

The IRS mileage reimbursement rate allows eligible taxpayers to deduct vehicle use for qualifying purposes. Learn which trips qualify and who can claim it.

On December 29, 2025, the IRS announced a notable increase in the standard mileage rates for the year 2026. This announcement ...

The Internal Revenue Service announced new standard mileage rates for 2026. The rate for automobiles used for business ...

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 IRS has announced its 2026 ...

The Internal Revenue Service is lifting the standard mileage allowance for 2026 to 72.5 cents per mile, a small but meaningful bump that will ripple through expense reports, tax returns, and payroll ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The IRS is raising the standard ...

The Internal Revenue Service announced the new standard mileage rate for 2026. These rates apply to 2026 tax returns that would be filed in 2027.

The optional standard mileage rate for business use of automobiles will increase 2.5 cents next year, while the mileage rate for vehicles used for medical purposes will decrease half a cent, the IRS ...