09/30/2026
OCTOBER TAX TIP: Don’t Forget the Mid-Year Mileage Rate Change!
Did you know the IRS increased the standard business mileage rate halfway through 2026?
If you use your personal vehicle for business, make sure you're tracking your mileage correctly:
January 1 – June 30: 72.5¢ per business mile
July 1 – December 31: 76¢ per business mile
That means if you're tracking mileage for your business, you cannot simply use one rate for all of 2026.
Have questions about mileage, vehicle deductions, or what expenses your business can deduct? We're here to help! Contact us at triadatax.com or 618-281-3447