The IRS raised the 2026 business mileage rate to 72.5 cents per mile. Medical rate ticked down slightly, charitable rate ...

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

Beginning Jan. 1, 2026, the standard mileage rates for the use of a car, van, pickup or panel truck will be: 20.5 cents per ...

The IRS has raised the 2024 optional mileage rate for personal vehicle use on business travel. The new rate is 67 cents per mile, up 1.5 cents from the most recent 2023 rate. CWRU reimbursements for ...

The standard business mileage rate for travel expenses has changed effective January 1, 2025. The standard business mileage rate for Travel expenses has changed. Beginning on January 1, 2025, the ...

One fast tax tip to review before filing your 2024 federal income tax return is the IRS mileage rate. It's a much-talked-about deduction, but it's also a tax break that stalls out for plenty of ...

Mileage reimbursement is the process of compensating employees who use their personal vehicle for business purposes. It helps cover car-related expenses like gas, maintenance, wear and tear, and more.

A new year will mean a new, slightly higher standard mileage rate for 2025. The Internal Revenue Service on Thursday announced that the 2025 standard mileage rate will go up by 3 cents per mile to 70 ...

The standard business mileage rate for travel expenses has changed effective January 1, 2024. The standard business mileage rate for Travel expenses has changed. Beginning on January 1, 2024, the ...