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IRS Publishes Notice on 2026 Standard Mileage Rates for Business, Charitable, Medical, Moving Expenses

The IRS has published a notice providing optional standard mileage rates for 2026 that taxpayers may use to calculate deductible costs of operating an automobile. The rates are 72.5 cents …

The IRS has published a notice providing optional standard mileage rates for 2026 that taxpayers may use to calculate deductible costs of operating an automobile. The rates are 72.5 cents per mile for business, 14 cents per mile for charitable servic… [382 chars]

Source: Bloomberg Tax News | Published: 2026-02-19T18:17:47Z

Credit: Bloomberg Tax News

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