Blog: standard mileage rates

 

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Increased Gasoline Prices Lead to Increase in Optional Standard Mileage Rates for 2019

Posted on December 14, 2018 by
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The Internal Revenue Service has announced the optional standard mileage rates for computing the deductible cost of operating an automobile for business, medical, and moving expenses for 2019, and the increased rates reflect the increase in the fixed and variable costs of operating a vehicle.  Effective January 1, 2019, the optional standard mileage rates will […]