Those using personal vehicles for business will see a slight increase, while other uses saw rates drop slightly or remain ...
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 Daily Overview on MSN
IRS boosts 2026 mileage rate for business, cuts 2 others
The Internal Revenue Service has raised the standard mileage rate that taxpayers can use for business driving in 2026, while leaving the medical, moving and charitable rates at their prior levels. For ...
Fast Lane Only on MSNOpinion
Even after a hike, the IRS mileage rate hasn’t caught up in decades
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 (IRS) has updated the cents-per-mile rates for calculating tax-deductible vehicle operating ...
The IRS will raise the 2026 standard mileage rate to 72.5 cents per mile for business use, citing inflation and updated ...
The Internal Revenue Service announced new standard mileage rates for 2026. The rate for automobiles used for business ...
Self-employed individuals, gig workers, freelancers, and small businesses who use personal vehicles for business can claim ...
WASHINGTON -- The standard mileage rate for the business use of a car, truck, van or other vehicle will increase by 2.5 cents ...
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.
Business owners who track mileage for tax deductions will see a rate increase starting Jan. 1, but the rules for when you can ...
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