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

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

(NewsNation) — If you drive a car, like the more than 200 million other Americans, you could catch a break — a tax break, that is. The Internal Revenue Service offers many tax deduction options for ...

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

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.

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 ...

WASHINGTON — The IRS is increasing the standard mileage rate for commuters driving on business, meaning some employees could see an increase in their reimbursement checks this year or a lower tax bill ...

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

The standard mileage rate for the business use of a car, truck, van or other vehicle will increase by 2.5 cents in 2026. The IRS announced Monday that beginning Jan. 1, the standard mileage rate for a ...