The Internal Revenue Service (IRS) has updated the cents-per-mile rates for calculating tax-deductible vehicle operating costs for 2026 ...
The standard mileage rate has also been ticking upward over the past few years: ...
The Internal Revenue Service recently announced that the standard mileage rate for business use of automobiles increased by 2.5 cents for 2026. The rates are used to calculate the deductible costs of ...
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 ...
The Internal Revenue Service announced new standard mileage rates for 2026. The rate for automobiles used for business ...