Leading Financial Services, Inc.

07/14/2026

IRS has increased the mileage rate effective 07-01-2026. This means when that if you deduct mileage on your tax return you will need to know your miles from 01-01-2026 thru 06-30-2026 separately from your miles for 07-01-2026 thru 12-31-2016.

05/07/2026

Please seek professional assistance with filing these claims as they will be highly scrutinized by the IRS & require a lot of information such as case law, statutes, & mathematical calculations. I’d be happy to help you get your claims filed if you qualify. Please feel free to reach out.

The relief is not automatic or guaranteed, and most taxpayers need to file a claim for a refund or abatement of their tax liability by July 10 to get their money back.