INFLATION ADJUSTMENTS

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Jan 05 2026FINANCE

Driving for Work? Know the New Mileage Rates for 2026

In 2026, if you use your personal car for work, you might notice a small change in your tax deductions. The IRS has decided to increase the standard mileage rate for business use to 72. 5 cents per mile. This is a 2. 5 cent increase from the previous year. The change is based on data analysis and in

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