IRS Announces 2018 Standard Mileage Rates

01/05/2018

The Internal Revenue Service (IRS) has issued these 2018 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, or medical purposes. The business mileage rate is 54.5 cents per mile, up 1 cent from 2017. 1/4/2018

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