IRS Mileage Rate 2026: What Self-Employed Need to Know
The IRS mileage rate for 2026 is 72.5 cents per mile for business driving — up 2.5 cents from 2025.…
Articles tagged
taxes
62 articles
Best Mileage Tracker Apps for Self-Employed in 2026
If you're self-employed, a freelancer, or a gig worker, every business mile you drive is worth 72.5 cents in tax…
How to Track Mileage for Taxes: IRS Requirements for 2026
Every business mile you drive is worth 72.5 cents in tax deductions for 2026. But the IRS won't take your…
IRS Mileage Log Requirements: What Records You Need to Keep
The IRS doesn't just want to know how many miles you drove. They want to know when you drove, where…
Standard Mileage Rate vs. Actual Expenses: Which Saves You More?
The IRS gives self-employed taxpayers two ways to deduct vehicle expenses: the standard mileage rate and the actual expense method.…
Self-Employed Mileage Deduction: Complete 2026 Guide
If you're self-employed, the mileage deduction is one of the largest tax breaks available to you. At the 2026 IRS…
Mileage Tracker + Receipt Scanner: Why You Need Both for Tax Deductions
You track your mileage. Good. But if you're not also scanning your receipts, you're leaving money on the table —…
HMRC Record Keeping Requirements: What Receipts to Keep and For How Long
HMRC requires every self-employed individual, sole trader, and business in the UK to keep adequate records of their income and…
CRA Receipt Requirements 2026: Complete Guide for Small Businesses
If you run a small business or work as a freelancer in Canada, keeping proper receipts is not optional —…
IRS Electronic Recordkeeping Rules: Building a Compliant Digital Tax System
Rev. Proc. 97-22 and 98-25 let businesses go fully paperless for tax records. Learn the IRS requirements for electronic recordkeeping…
Schedule C Receipt Requirements: What Self-Employed Filers Need to Document
Filing Schedule C? Every expense line requires documentation. Learn exactly which receipts you need for each Schedule C category, what…
IRS Per Diem Rates: How Fixed Allowances Simplify Business Travel Receipts
Per diem rates let you skip individual meal receipts during business travel. Learn how GSA per diem rates work, who…