New mileage rates announced by the IRS

Mileage rates for travel are now set for 2020. The standard business mileage rate decreased slightly to 57.5 cents per mile. The medical and moving mileage rates also decreased to 17 cents per mile. Charitable mileage rates remain unchanged at 14 cents per mile.

Here are 2019 rates for your reference, as well.

2019 Mileage Rate

Remember to properly document your mileage to receive full credit for your miles driven. Let us know if you have any questions!