News & Updates

Certified Public Accountants and Consultants

January 13, 2026

The IRS has announced the standard mileage rates that will apply to miles driven beginning January 1, 2026. The standard mileage rate for business use has increased compared to 2025.

For 2026, the standard mileage rates are as follows:

The business mileage rate applies to the use of cars, vans, pickups, or panel trucks and is based on an annual study of fixed and variable vehicle operating costs. These rates apply to gasoline, diesel, hybrid, and electric vehicles.

Taxpayers may use the standard mileage rate or actual vehicle expenses to calculate their deduction, provided eligibility requirements are met.

If you have questions about which method is best for your situation or need help tracking deductible mileage, please contact our office.

GRIFFING & COMPANY, P.C.

(281) 491-8866 Fax (281) 491-8998

info@griffing.com

www.griffing.com