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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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