IRS Releases Standard Mileage Rates for 2020

in News Center

The Internal Revenue Service (IRS) released its 2020 Standard Mileage Rates.  As of Jan. 1, 2020, the standard mileage rates for business use of a car (including vans, pickups, or panel trucks) will be 57.5 cents per mile, down one half of a cent from the rate for 2019.

Click here to read the IRS notice on 2020 standard mileage rates. 

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