The IRS has announced the new 2026 standard mileage rate, and it went up! This can impact your tax deductions and reimbursements if you use your vehicle for business.
2026 Business Mileage Rate: 72.5¢ per mile (up from 70¢ in 2025) — great news if you drive for work!
Medical & Moving Rate: 20.5¢ per mile (slight decrease)
Charitable Mileage: 14¢ per mile (unchanged)
This update reflects inflation and higher vehicle operating costs — and it’s effective January 1, 2026.
Keeping good mileage records and knowing the current rate can help you maximize your deductions or reimbursements on your tax return. 
Need help tracking or preparing your mileage for taxes? Your Local Bookkeeper can help!
Call today to schedule an appointment.
