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 ...
The IRS has announced the 2026 mileage rates that may be used to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes. Specifically, as of ...
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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 Court of Appeal has considered whether a bank acquiring a portfolio of residential mortgages was obliged to charge borrowers its own standard variable rate or whether it could maintain the ...
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