An employee may use their personal car for business travel purposes, and the university will reimburse employees at the prevailing rate per mile. The mileage reimbursement on a privately-owned vehicle ...

Many small business owners are pleased to learn that a vehicle they purchased for use in their company may qualify for a Section 179 tax deduction. Carefully using Section 179 vehicles can bring tax ...

If you’re one of the millions of Americans who claim mileage when using your personal vehicle for work, you’re getting a slight raise in 2026. The Internal Revenue Service is increasing the optional ...

The IRS standard mileage rate sets how much you can deduct per mile driven for business, medical and charitable purposes during the 2025 and 2026 tax years. Instead of tracking every individual ...