IRS lowers business mileage rate for 2014
January 29, 2014
The IRS recently announced that the mileage rate for business driving in 2014 will be 56¢ a mile, a slight decrease from the 2013 rate of 56.5¢ per mile. The rate can be used for cars, vans, pickups, and panel trucks. Companies that don’t want to keep track of the actual costs of using a vehicle for business purposes may...
Tags: Business mileage rate for 2014
Category: Taxes