IRS Releases Standard Mileage Rates for 2020

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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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