Carrie Minnich, CPA at Dulin, Ward & DeWald Inc. recently posted about federal mileage rate change. The IRS recently released the federal mileage rates for 2016. Both the per mile rate for business and medical or moving purposes decreased. The per mile rate for charitable purposes stayed the same.
2016 rates are as follows:
54 cents per mile for business
19 cents per mile for medical or moving purposes
14 cents per mile for charitable purposes
To see Carrie’s post, click here.