You bought your watch for tracking steps, but the IRS tracks your mileage. Did you miss out on this key tax deduction?

Amid a spike in gas prices, Arizona Sen. Ruben Gallego is urging the IRS to raise the standard mileage rate for business use ...

The federal mileage deduction is supposed to be a simple proxy for what it really costs to put a car on the road for work. Yet even after the latest increase, the official rate still lags the real ...

The standard mileage rate for the business use of a car, truck, van or other vehicle will increase by 2.5 cents in 2026. The IRS announced Monday that beginning Jan. 1, the standard mileage rate for a ...