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

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

Millions of Americans who drive for work or recently financed a car are heading into tax season with a very different set of ...

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, ...

Gas prices at the pump took one crazy trip in 2022 – and it's going to add another layer of complexity for those who claim mileage deductions on their 2022 tax returns. What exactly is the standard ...

Bianca started her massage therapy business three years ago after getting her license. She began by offering in-home services to the local area. However, as more referrals poured in, her 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 Internal Revenue Service is lifting the standard mileage allowance for 2026 to 72.5 cents per mile, a small but ...