The IRS increased the optional standard mileage rate used to calculate the deductible costs of operating a vehicle for business to 72.5 cents per mile driven, up 2.5 cents from 2025.

The Internal Revenue Service announced new standard mileage rates for 2026, increasing the business mileage deduction to 72.5 ...

The Internal Revenue Service announced the new standard mileage rate for 2026. These rates apply to 2026 tax returns that ...

The federal mileage rate for 2026 just hit a record: 72.5 cents per mile. The IRS announced the 2.5-cent jump on December 29, ...

The IRS announced that the standard mileage rate for 2026 is going up. That means more money in the pockets of some drivers.

The IRS just released their standard mileage rates for 2026. There was an increase of 2.5 cents from 2025 for the standard business rate, while medical rates decreased slightly Each year, the IRS ...

The IRS has announced that the 2026 standard mileage rate for business use is 72.5 cents per mile, the highest rate on record. Medical and military moving rates dipped.

Taxpayers using the standard mileage rate for a vehicle they own and use for business must choose to use the rate in the ...

WASHINGTON -- The standard mileage rate for the business use of a car, truck, van or other vehicle will increase by 2.5 cents ...

Self-employed individuals, gig workers, freelancers, and small businesses who use personal vehicles for business can claim ...

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

The IRS will raise the 2026 standard mileage rate to 72.5 cents per mile for business use, citing inflation and updated ...