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.

Taxpayers who claim the standard mileage rate deduction for the miles they log for business purposes will be able to write ...

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.

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

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

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

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 ...

The federal government requires businesses to reimburse employees for mileage only if failure to do so lowers their net pay below minimum wage. A tiny handful of states have laws that obligate ...

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 ...