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2018 Mileage Rates Announced by IRS

2018 Mileage Rates Announced by IRS

The IRS recently announced mileage rates to be used for travel in 2018. The Business mileage rate increases by 1 cent. The Medical and Moving mileage rates are also raised by 1 cent. Charitable mileage rates are unchanged.

 

2018 New Mileage Rates

2018 Mileage Rates

 

Here are 2017 rates for your reference as well.

 

2017 Mileage Rates

2017 Mileage Rates

 

Remember to properly document your mileage to receive full credit for your miles driven.

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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