IRS Announces 2019 Mileage Rates

car deductionMileage rates for travel are now set for 2019. The standard business mileage rate increases by 3.5 cents to 58 cents per mile. The medical and moving mileage rates also increase by 2 cents to 20 cents per mile. Charitable mileage rates remain unchanged at 14 cents per mile.

2019 Standard Mileage Rates

Standard Mileage Rates
Mileage Rate/Mile
Business Travel 58 cents
Medical/Moving 20 cents
Charitable Work 14 cents


Here are 2018 rates for your reference, as well.
2018 Standard Mileage Rates

Standard Mileage Rates
Mileage Rate/Mile
Business Travel 54.5 cents
Medical/Moving 18 cents
Charitable Work 14 cents


Remember to properly document your mileage to receive full credit for your miles driven.

Past Articles

tax_planning_letter
The 2018 MidYear Tax Planning letter is now posted

Click here to view>>

The greatest compliment you can give us is the referral of your family and friends.”

Proud Sponsor of the Team Spirit
Breast & Ovarian Cancer 10K Walk
TS_logo

Individual Wealth and Business Profit building services for over 35 years

Hiring an accounting firm is an important decision.
Your choice could mean the difference between success and failure.
You need accountants who know your business, who are compatible with your needs, and who are committed to helping you cut taxes and build your bottom line.

Solid financial advice