Taxpayers who claim the standard mileage rate deduction for the miles they log for business purposes will be able to write ...
The Internal Revenue Service announced the new standard mileage rate for 2026. These rates apply to 2026 tax returns that ...
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.
The Internal Revenue Service announced new standard mileage rates for 2026, increasing the business mileage deduction to 72.5 ...
Self-employed individuals, gig workers, freelancers, and small businesses who use personal vehicles for business can claim ...
Millions of Americans who drive for work or recently financed a car are heading into tax season with a very different set of ...
As the new year approaches, taxpayers are eager to understand how changes in the IRS standard mileage rate can impact their tax deductions. This article explores the implications of the increased ...
The IRS has increased the standard mileage rate for business use to 72.5 cents per mile from January 1, offering tax relief ...
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, ...
Drivers who use their personal vehicles for work will see a slight boost in tax deductions starting January 1. The Internal Revenue Service (IRS) has announced ...
Bianca started her massage therapy business three years ago after getting her license. She began by offering in-home services to the local area. However, as more referrals poured in, her business ...
Gas prices at the pump took one crazy trip in 2022 – and it's going to add another layer of complexity for those who claim mileage deductions on their 2022 tax returns. What exactly is the standard ...