Home / Business / IRS increases 2026 business mileage rate by 2.5 cents

IRS increases 2026 business mileage rate by 2.5 cents

WASHINGTON (AP) — The standard mileage rate for the business use of a car, truck, van or other vehicle will increase by 2.5 cents in 2026.

WASHINGTON (AP) — 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 qualifying vehicle will be 72.5… [800 chars]

Source: WTOP | Published: 2025-12-30T17:43:33Z

Credit: WTOP

Tagged:

Leave a Reply

Your email address will not be published. Required fields are marked *