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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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