2026 IRS mileage rate increases to $.725 per mile
Happy New Year!
It’s that time of year again – time to watch your deductions increase! To help with that, the IRS has increased the standard mileage rate for business use of your vehicle from 70 cents per mile in 2025 to 72.5 cents per mile in 2026.
Don’t miss out on your deductions. Just tell Seller Ledger the date of the trip, a description of its purpose, and the distance traveled – we’ll calculate the rest. And remember, not only can you track your trips one at a time, but you can now also upload a CSV file of all of your trips – a pretty good option if you’re making lots of trips to the post office:)