Tax News Highlights: IRS Releases Standard Mileage Rates for 2015

| 12/18/2014


The IRS has released its annual update to standard mileage rates. For 2015, the business standard mileage rate increased from 56 cents per mile to 57.5 cents per mile, the charitable standard mileage rate remained at 14 cents per mile, and the medical and moving standard mileage rates decreased from 23.5 cents per mile to 23 cents per mile.

 

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