• IRS Boosts Mileage Rate, Makes Other Updates for 2026

    IRS has released 2026 mileage rates and other updates impacting employees who drive personal vehicles for work or employer-provided vehicles.First, IRS said in a recent notice that the business standard mileage rate for 2026 is 72.5 cents per mile.That’s a 2.5-cent increase over the 2025 mileage rate of 70 cents per mile.The standard mileage rate has been steadily climbing in recent years:
    58.5 cents per mile — first half of 202262.5 cents per mile — second half of 202265.5 cen

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