Standard Mileage Rates for 2016

2/1/2016

The IRS lowered the standard mileage rates for business and medical miles.  

For 2016 business miles get a rate of $.54 down from $.575 in 2015.  Medical is $.19 down from .23 in 2015.  Charitable miles stayed the same at $.14.  



View Our Tax Calendar

The Tax Man Blog

1/15/2021
1040's can be filed starting February 12th Read More
1/15/2021
New Stimulus package approved by Congress Read More
11/24/2020
IRS clarifies PPP expense deductions Read More
11/9/2020
Biden's Proposed Tax Plan Read More
12/20/2019
Taxation of fringe benefits Read More
View All Blog Postings
© Copyright 2021 David Sivcovich CPA PC