2013 Standard Mileage Rates

21 November 2012 / Uncategorized / Comments Off on 2013 Standard Mileage Rates

2013 Standard Mileage Rates

The IRS has released the 2013 standard mileage rates!  And you know how we at Widget LOVE the standard mileage rate!

BUSINESS MILES

The standard mileage rate for transportation or travel expenses is 56.5 cents per mile for all miles of business use (business standard mileage rate).

OTHER MILES

The standard mileage rate is 14 cents per mile for use of an automobile in rendering gratuitous services to a charitable organization under § 170.

The standard mileage rate is 24 cents per mile for use of an automobile (1) for medical care or as part of a move for which the expenses are deductible under § 217.

If you are still taking actual expenses, wanting assistance in creating and maintaining your mileage log, or any other issue, please give Widget a call!  We can help!

Widget Bookkeeping and Tax, PA

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