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 Internal Revenue Service announced new standard mileage rates for 2026. The rate for automobiles used for business ...
Beginning Jan. 1, 2026, the standard mileage rates for the use of a car, van, pickup or panel truck will be: 20.5 cents per mile driven for medical purposes, down a half cent from 2025.
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 allows deductions for some work-related expenses, including mileage for business use of personal vehicles. The IRS instructions for reporting mileage reimbursements are ...
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