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

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

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

The Internal Revenue Service announced new standard mileage rates for 2026. The rate for automobiles used for business ...

The optional standard mileage rate for business use of automobiles will increase 2.5 cents next year, while the mileage rate for vehicles used for medical purposes will decrease half a cent, the IRS ...

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