Tag: IRS mileage rate

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Posted in Compensation

2020 IRS Mileage Rates

On December 31, 2019 the Internal Revenue Service (IRS) finally issued the 2020 optional standard mileage rates used to calculate the deductible costs of operating an automobile…

1121
Posted in Compensation

IRS Announces 2019 Standard Mileage Rates

The Internal Revenue Service (IRS) recently issued the 2019 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business,…

742
Posted in Compensation

2018 IRS Mileage Rates Announced

On December 14, 2017, the Internal Revenue Service (IRS) issued the 2018 optional standard mileage rates used to calculate the deductible costs of operating an automobile…