IRS Standard Mileage Rate 2026: Why It Jumped to 76 Cents Mid-Year (Plus a 2027 Outlook)
If you drive for work, the IRS standard mileage rate you can deduct just changed twice in one year. It started 2026 at 72.5 cents per mile for business use, then jumped to 76 cents per mile effective July 1 — a mid-year increase the IRS almost never makes. Here's…
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