The IRS has announced an increase to the Business Standard Mileage Rate for 2026. Beginning January 1, 2026, the rate will be 72.5 cents per mile, up 2.5 cents from the 2025 rate. This adjustment reflects higher vehicle operating costs and may impact employer reimbursements, tax deductions, and business expense planning.
For the full breakdown of mileage rates and additional IRS guidance, please click here.
