• The 2018 Standard Mileage Rates

    The Internal Revenue Service (IRS) recently announced the inflation adjusted 2018 standard mileage rates available for use to calculate the deductible costs of operating an automobile for your business, charitable or medical purposes. Beginning on Jan. 1, 2018, the standard mileage rates for the use of a car (or a van, pickup or panel truck) are: 54.5 cents per mile for business miles driven [...]

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