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IRS Mileage Rate Drops for 2020

Posted by: Gail Cecchettini Whaley, J.D. on Thursday, January 2, 2020

The IRS has issued the 2020 optional standard mileage rate, with a slight half-cent drop for the new year. The optional standard mileage rate is used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

Driving in Car

IRS Mileage Rate Increase for 2019 -- Highest Rate in 10 Years

Posted by: Gail Cecchettini Whaley, Esq. on Monday, December 17, 2018

The IRS has issued the 2019 optional standard mileage rate, with a significant increase for the new year. The optional standard mileage rate is used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

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