The IRS increased the optional standard mileage rate used to calculate the deductible costs of operating a vehicle for ...

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

The IRS just released their standard mileage rates for 2026. There was an increase of 2.5 cents from 2025 for the standard business rate, while medical rates decreased slightly Each year, the IRS ...

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

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 ...

The optional standard mileage rate for business use of automobiles will increase 2.5 cents next year, while the mileage rate ...

One fast tax tip to review before filing your 2024 federal income tax return is the IRS mileage rate. It's a much-talked-about deduction, but it's also a tax break that stalls out for plenty of ...

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 ...

The optional standard mileage rate for automobiles driven for business will increase 3 cents in 2025, the Internal Revenue Service said Thursday, but the mileage rates for vehicles used for other ...