Posts Tagged ‘mileage rates 2020’

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 for business, charitable, medical or moving purposes. Beginning January 1, 2020, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 57.5 […]

3 Jan 20 - Compensation - James W. Ward - No CommentsRead More »