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IRS raises business mileage rate for 2026 -- but cuts 2 other rates for drivers
Taxpayers who claim the standard mileage rate deduction for the miles they log for business purposes will be able to write ...
Mileage reimbursement is the process of compensating employees who use their personal vehicle for business purposes. It helps cover car-related expenses like gas, maintenance, wear and tear, and more.
Everlance is a 100% automatic mileage and expense tracker that creates an IRS compliant mileage log using GPS. The app detects and logs your drives automatically. It will calculate mileage, trip start ...
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.
In accordance with the IRS mileage deduction allowance, reimbursement for mileage incurred during business travel is a benefit that many employers offer, and if your employees travel by car frequently ...
How Does the Federal Government Calculate the Allowance for Mileage to Be Deducted for Tax Purposes?
When employees use their personal vehicles for work-related travel, they incur considerable expense. Typically, it's in the employer's best interest to pay a mileage reimbursement allowance to attract ...
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