Starting Jan. 1, 2024 the mileage tax deduction will now be 67 cents per mile driven — up 1.5 cents from 2023. Find out if ...

The Internal Revenue Service is lifting the standard mileage allowance for 2026 to 72.5 cents per mile, a small but meaningful bump that will ripple through expense reports, tax returns, and payroll ...

WASHINGTON — The IRS is increasing the standard mileage rate for commuters driving on business, meaning some employees could see an increase in their reimbursement checks this year or a lower tax bill ...