The Internal Revenue Service has increased the optional standard mileage rate for business use of automobiles for 2026.

The village board has approved new mileage rates for employees, and approved a new hire. The mayor and trustees met Jan. 5 ...

Plus: Tax refunds, filing for free, car loan interest, Britney Spears goes to Tax Court, snowbirds suffer a defeat, Taxes ...

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 ...

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 ...

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 standard mileage rate has also been ticking upward over the past few years: ...

The Internal Revenue Service announced new standard mileage rates for 2026. The rate for automobiles used for business purposes increased by 2.5 cents in 2026. The mileage rate for vehicles used for ...

The Internal Revenue Service (IRS) has updated the cents-per-mile rates for calculating tax-deductible vehicle operating ...

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

Business owners who track mileage for tax deductions will see a rate increase starting Jan. 1, but the rules for when you can ...

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 ...