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Miles That Matter: Your Guide to 2026 Business Driving Deductions

ARTICLE | March 04, 2026

Authored by Vasquez + Company

If you drive for work, the IRS has some good news for 2026. The standard mileage rate for business driving has increased to 72.5 cents per mile, up from 70 cents in 2025, even as national gas prices have dipped compared to last year. Whether you use the standard mileage rate or the actual expense method, understanding the rules, what qualifies, and what records you are required to keep, can make a meaningful difference in your tax savings. From deductible expenses to important documentation requirements, knowing which approach works best for your situation is key to maximizing your deduction and staying on solid footing with the IRS.

Read the full article here.

 

Our firm provides the information for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. This article is not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided “as is,” with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.  

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