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CPA Practice Advisor · Dec 30, 2025

IRS Raises Business Standard Mileage Rate to 72.5 Cents Per Mile for 2026

Tax Brief summary and classification of the original reporting.

Bottom Line

💡 IRS Raises Business Standard Mileage Rate to 72.5 Cents Per Mile for 2026. General industry update.

Summary

The IRS announced on Dec. 29 that the optional standard mileage rate for business use of automobiles will increase by 2.5 cents to 72.5 cents per mile driven in 2026.

Classification

Category: backgroundPriority: informationalReason: General tax news

Affected Groups

All tax practitioners

Related Topics

Original Source

We aggregate public tax updates and provide AI-assisted summaries. Please read the original reporting for full details.

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