Tag Archive: IRS Mileage rates

IRS Increases Mileage Rates for 2013

Written by December 26, 2012

The IRS has increased the standard mileage rates to be used in computing the deductible costs of operating a vehicle for business or when driving for medical or moving reasons. The new rates will apply to vehicle mileage starting January 1, 2013. The revised rates are 56.5 cents per mile for business driving and 24 cents for medical and moving...