Fast Lane Only on MSNOpinion
Even after a hike, the IRS mileage rate hasn’t caught up in decades
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.
Money Talks News on MSN
IRS raises business mileage rate for 2026 -- but cuts 2 other rates for drivers
Taxpayers who claim the standard mileage rate deduction for the miles they log for business purposes will be able to write ...
The Daily Overview on MSN
IRS changes the rules on a driver tax break millions are counting on
Millions of Americans who drive for work or recently financed a car are heading into tax season with a very different set of ...
The Daily Overview on MSN
IRS bumps 2026 mileage rate to 72.5¢ per mile
The Internal Revenue Service is lifting the standard mileage allowance for 2026 to 72.5 cents per mile, a small but ...
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.
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.
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 mileage rate for 2026 just hit a record: 72.5 cents per mile. The IRS announced the 2.5-cent jump on December 29, ...
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