Starting Jan. 1, 2024 the mileage tax deduction will now be 67 cents per mile driven — up 1.5 cents from 2023. Find out if ...

WASHINGTON — The IRS is increasing the standard mileage rate for commuters driving on business, meaning some employees could see an increase in their reimbursement checks this year or a lower tax bill ...

The Internal Revenue Service is lifting the standard mileage allowance for 2026 to 72.5 cents per mile, a small but meaningful bump that will ripple through expense reports, tax returns, and payroll ...

The IRS has announced the 2026 mileage rates that may be used to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes. Specifically, as of ...