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2019 Mileage Rates – IRS Releases Updates

2019 Mileage Rates – IRS Releases Updates

Mileage rates for travel are now set for 2019. The standard business mileage rate increases by 3.5 cents to 58 cents per mile. The medical and moving mileage rates also increase by 2 cents to 20 cents per mile. Charitable mileage rates remain unchanged at 14 cents per mile.

 

2019 New Mileage Rates

2019 Mileage Rates

Here are 2018 rates for your reference, as well.

 

2018 Mileage Rates

2018 Mileage Rates

Remember to properly document your mileage to receive full credit for your miles driven. Using a map like MileIQ can really help by keeping contemporaneous and accurate logs for you. Contact us if you’d like information on how to receive the app at a 20% discount.

Michael Guertin

Michael is the President of Aperto, a family-owned and operated CPA firm based in San Antonio, TX. He's an entrepreneur that happens to be a CPA and he's been helping small business owners thrive for over 16 years.

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