Dan Papajcik January 20, 2026 Tax Planning Avoid This Hidden Tax Trap in Mileage-Reimbursed Vehicles Dan Papajcik January 20, 2026 Tax Planning Mileage reimbursements do not end the tax story. The IRS mileage rate includes built-in depreciation that can create a taxable gain or a deductible loss when a business vehicle is sold or traded.
