All Posts

Starting January 1, 2026, updated standard mileage rates will take effect for individuals and businesses using a car, van, pickup, or panel truck. These rates are used to calculate deductible vehicle expenses for tax purposes and apply across gasoline, diesel, hybrid, and fully electric vehicles. Here’s a clear breakdown of the new mileage rates and what they mean for you. 🚗2026 Standard Mileage Rates Business Use: 72.5 cents per mile ⬆️ Up 2.5 cents from 2025 This increase