The mileage tax deduction can lower your tax bill if you qualify. Learn who’s eligible, which method saves more and how to ...

Good news for those who are eligible to deduct business miles. Not so much for medical and moving miles.

The federal Congressional Research Service has issued a report for members of the House and Senate that reviews the tax provisions for people who use their cars, trucks, and other vehicles as part of ...

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 ...

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 ...

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 ...

One fast tax tip to review before filing your 2024 federal income tax return is the IRS mileage rate. It's a much-talked-about deduction, but it's also a tax break that stalls out for plenty of ...

File My Taxes Online, is excited to announce the recent update by the Internal Revenue Service (IRS) regarding the mileage tax deduction for the tax year 2023 ...

Donating to charity is a great way to show your giving spirit and can help save money at the same time if you follow key ...