Wednesday, December 11, 2013

2014 IRS Standard Mileage Rates

The IRS has announced the Standard Mileage Rates for 2014. They are:
  • $ .56 for business miles
  • $ .235 for medical and moving miles
  • $ .14 for miles in service of charitable organizations
The reason the charitable mileage rate is still at the ancient amount is because the charitable mileage rate can only be changed by Congress, who has been unwilling to do so for many years.

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