Скачать или смотреть Standard Rate vs. Actual Expenses for Business Vehicle Expenses: Which Saves You More Tax in 2026?

💡 The IRS has just released the official standard mileage rates for 2026! While the business rate has increased to 72.5 cents per mile, there are hidden rules about depreciation and "locking in" your method that could cost you thousands if you aren't careful. In this video, we break down the new numbers, explain why W-2 employees might be out of luck, and reveal the critical "First-Year Rule" every car owner needs to know.

This is SW ACCOUNTING & CONSULTING CORP. In this video, I'm breaking down the 2026 IRS Standard Mileage Rates in a way that's easy to understand. If you're a self-employed business owner or gig worker, you'll want to pay close attention to the Standard vs. Actual Expenses comparison we discuss.

⏰ Timestamps 00:00 Intro & Welcome 00:45 The New 2026 Business Rates (72.5¢) 01:14 Medical, Moving & Charity Rates Breakdown 01:58 The "Hidden" Cost: Depreciation Explained 03:46 W-2 Employees vs. Self-Employed: Who Can Actually Claim? 04:52 The Big Choice: Standard Mileage Rate vs. Actual Expenses 05:29 CRITICAL: The "First-Year Rule" (Don't Miss This!) 05:57 The Rule for Leased Vehicles 06:34 Wrap-up: Are You Leaving Money on the Table?

✅ About Us SW ACCOUNTING & CONSULTING CORP is a California-based CPA firm providing comprehensive accounting and tax solutions for businesses and individuals. As CPAs licensed in both California and South Korea, we offer expert, bilingual (English & Korean) guidance on federal/state tax, audit, payroll, and more.

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⚠️ Disclaimer The information provided in this video is for general informational purposes only and does not constitute professional legal or financial advice. You should consult with a qualified professional for advice tailored to your specific situation.

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