The IRS mileage reimbursement rate allows eligible taxpayers to deduct vehicle use for qualifying purposes. Learn which trips qualify and who can claim it.

On December 29, 2025, the IRS announced a notable increase in the standard mileage rates for the year 2026. This announcement is crucial for small businesses, as mileage rates directly influence ...

The standard mileage rate for the business use of a car, truck, van or other vehicle will increase by 2.5 cents in 2026. The IRS announced Monday that beginning Jan. 1, the standard mileage rate for a ...

The mileage tax deduction can lower your tax bill if you qualify. Learn who’s eligible, which method saves more and how to ...

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 ...

While FAVR offers precision, it is not the only alternative to the standard mileage rate. Some organizations use ...