07/23/2026
🚗 **IRS Announces Mid-Year Mileage Rate Increase – Are Your Records Ready?**
Beginning **July 1, 2026**, the IRS increased the standard mileage rates for business, medical, and qualified moving travel. Since there are now **two different mileage rates for 2026**, keeping an accurate mileage log is more important than ever.
📅 **January 1 – June 30, 2026**
• Business: **72.5¢ per mile**
• Medical/Qualified Moving: **20.5¢ per mile**
📅 **July 1 – December 31, 2026**
• Business: **76¢ per mile**
• Medical/Qualified Moving: **23.5¢ per mile**
• Charitable: **14¢ per mile** (unchanged all year)
⚠️ **Don't make the mistake of using one mileage rate for the entire year.** Your mileage log should clearly separate:
✅ Miles driven **January 1 – June 30**
✅ Miles driven **July 1 – December 31**
A properly maintained split mileage log helps:
✔ Maximize your tax deduction
✔ Ensure IRS compliance
✔ Reduce errors on your tax return
✔ Provide documentation if you're ever audited
If you have questions about tracking your mileage or claiming vehicle expenses, we're here to help!
📍 **1st Choice Accounting & Tax**
10 East Johnston St. • Forsyth, GA 31029
📞 478-994-8075
🌐 www.JuliePresleyEA.com
