The mileage reimbursement rate for official travel via privately owned vehicle (POV) remains the same in 2025 for permanent change of station moves. For PCS travel, the Mileage Allowance in Lieu of ...

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 ...

If you’re one of the millions of Americans who claim mileage when using your personal vehicle for work, you’re getting a slight raise in 2026. The Internal Revenue Service is increasing the optional ...

WASHINGTON, D.C. — The Internal Revenue Service announced this week that it will adjust its optional standard mileage rates for 2026, increasing the deduction for business travel while lowering the ...

The IRS increased the optional standard mileage rate used to calculate the deductible costs of operating a vehicle for business to 72.5 cents per mile driven, up 2.5 cents from 2025. The increased ...

People who use their cars for work will be able to deduct more money per mile on their taxes in the new year. The Internal Revenue Service (IRS) announced this week that the standard mileage rate for ...

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 ...

The optional standard mileage rate for business use of automobiles will increase 2.5 cents next year, while the mileage rate for vehicles used for medical purposes will decrease half a cent, the IRS ...

Many drivers do not claim the mileage deduction on their federal income tax returns. Companies that reimburse their employees for mileage driven for business often follow the IRS mileage rate. Most ...

The Trump administration proposed rolling back vehicle mileage standards put in place under the last administration, President Trump announced on Wednesday. The Corporate Average Fuel Economy (CAFE) ...

United States President Donald Trump has announced a proposal to weaken vehicle mileage rules for the auto industry, loosening regulatory pressure on car makers to control pollution from ...

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