The mileage tax deduction can lower your tax bill if you qualify. Learn who’s eligible, which method saves more and how to claim it correctly in 2026.

Some jobs or organizations will reimburse their employees or volunteers for miles driven on the company's behalf. To be able to be reimbursed for driving miles, the driver must keep a detailed record ...

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

No law mandates that employers give mileages expenses to employees, but many companies opt to do this as a gesture of good will, and because mileage reimbursement is a tax-deductible business expense.

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.

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She ...