Do you drive for business, charity or medical appointments? Here are the details regarding claiming mileage on taxes.

The IRS standard mileage rate sets how much you can deduct per mile driven for business, medical and charitable purposes during the 2025 and 2026 tax years. Instead of tracking every individual ...

As your business's income grows, your tax bill will become more painful each year. We have a progressive tax system, which means most people pay less taxes on their first dollar of income than their ...

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 Internal Revenue Service issued the 2025 optional standard mileage rates today for computing the deductible cost of operating an automobile for business, charitable, medical, or moving purposes.

When we flip the calendar into the New Year, drivers will be looking at a new, slightly higher standard mileage rate for a deduction for business use on their 2024 federal income tax return. The IRS ...

The Internal Revenue Service (IRS) has released the 2026 standard mileage rate for business use of 72.5 cents. This rate is calculated using data from Motus, the leader in vehicle reimbursement, risk ...

The optional standard mileage rate for automobiles driven for business will increase 3 cents in 2025, the Internal Revenue Service said Thursday, but the mileage rates for vehicles used for other ...

The Internal Revenue Service announced an increase in the standard mileage rates when people use their vehicles for business use. The standard mileage deduction rose to 67 cents per mile, up 1.5 cents ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The IRS has decided to boost the ...