07/16/2026
🚗 IRS Changed the Mileage Rate Mid-Year — Don't Miss This!
The IRS made a rare mid-year change to the standard mileage rates for 2026. That means there isn't one mileage rate this year—there are two.
Business Mileage
✅ January 1 – June 30: 72.5¢ per mile
✅ July 1 – December 31: 76¢ per mile
Medical & Moving Mileage
✅ January 1 – June 30: 20.5¢ per mile
✅ July 1 – December 31: 23.5¢ per mile
Charitable Mileage
✅ Remains 14¢ per mile all year.
Why this matters
When it's time to prepare your tax return, I can't simply multiply your total annual business miles by one rate. Your mileage must be split between the first and second halves of the year so the correct IRS rates can be applied.
Take 2 minutes today
If you use your vehicle for business and didn't record your odometer on June 30, go out to your vehicle today and write down the current odometer reading for each business vehicle.
While it won't replace a June 30 reading, it creates an important reference point that can help accurately reconstruct your mileage records for the remainder of the year.
📌 Good mileage records can save you hundreds—or even thousands—of dollars at tax time. Don't wait until year-end to get organized!
