Ronald W. Stokes, CPA, PC

850 Corporate Parkway, Suite 120, Birmingham, AL 35242 205-437-0131; rwstokes@rwscpa.com

Updated Standard Mileage Rates for 2017

The IRS has announced the 2017 optional standard mileage rates for the compensation of costs of operating a passenger automobile for business, charitable, medical, or moving expense purposes.

standard-mileage-rates

-Business use of auto: 53.5 cents per mile

-Charitable use of auto: 14 cents per mile

-Medical use of auto: 17 cents per mile

-Moving expense: 17 cents per mile

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This entry was posted on January 4, 2017 by .
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