2014 Standard Mileage Rates

The IRS has announced the standard mileage rates will go down slightly in 2014. Below are the new mileage rates starting 1/1/14:

Business use of a vehicle– 56 cents per mile
Medical and moving miles –23.5 cents per mile
Charitable miles – 14 cents per mile (unchanged from 2013)

http://www.journalofaccountancy.com/News/20139210.htm