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

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

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.

Business owners who track mileage for tax deductions will see a rate increase starting Jan. 1, but the rules for when you can ...

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 is lifting the standard mileage allowance for 2026 to 72.5 cents per mile, a small but ...

70 cents per mile driven for business use (up 3 cents from 2024). 21 cents per mile driven for medical purposes (the same as in 2024). 21 cents per mile driven for moving purposes for qualified active ...

A new year will mean a new, slightly higher standard mileage rate for 2025. The Internal Revenue Service on Thursday announced that the 2025 standard mileage rate will go up by 3 cents per mile to 70 ...

Mileage reimbursement is the process of compensating employees who use their personal vehicle for business purposes. It helps cover car-related expenses like gas, maintenance, wear and tear, and more.

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 ...