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IRS bumps 2026 mileage rate to 72.5¢ per mile
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 ...
The IRS standard mileage rate sets how much you can deduct per mile driven for business, medical and charitable purposes during the 2025 and 2026 tax years. Instead of tracking every individual ...
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