The Internal Revenue Service announced new standard mileage rates for 2026. The rate for automobiles used for business purposes increased by 2.5 cents in 2026. The mileage rate for vehicles used for ...
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.
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. The IRS has announced its 2026 ...
WILL BE UPDATING US ON OUR PROGRESS THROUGHOUT THIS NEWSCAST. MEANTIME, TO OUR HEADLINES, A NEW WARNING ABOUT POTENTIAL IRS TROUBLE AFTER A NEW AUDIT FOUND DAYTONA BEACH HAS BEEN PAYING CAR ALLOWANCES ...