06/08/2026
The IRS raised the standard mileage rate to a whopping 72.5 cents per mile for business use in 2026.
Here's what that does NOT mean ↓
If you're a business owner who drove your personal car 10,000 miles, you can automatically deduct $7,250 for mileage on your tax return.
Not every mile you drive is deductible! Personal trips and your daily commute to your office generally don't count.
Trips that DO count:
Driving from your home office to meet a client at their office.
Driving to a networking event, chamber meeting, or business conference.
Traveling to the bank to make a business deposit.
Driving to the post office to mail client documents.
The IRS wants to see your mileage log, including details from each drive, like:
→ the date
→ the business purpose
→ business miles driven (starting point + destination works)
Now, you don't *have* to use the standard mileage rate!
If you want to track all of your vehicle expenses (fuel, maintenance, insurance) and deduct your business-use portion of those, use the actual expense method instead.
Need help figuring out a system to best track your mileage for your business? Message me!