b2ap3_thumbnail_dreamstimeextrasmall_20914984.jpgThe IRS recently announced mileage rates to be used for travel in 2014. The Business, Medical, and Moving mileage rates decrease one half cent versus 2013 while charitable rates remain unchanged. Business mileage decreases 1/2 cent per mile.

 

2014 New Mileage Rates

Standard Mileage Rates
Mileage
2014 Rate/Mile
   
Business Travel
56.0¢
Medical/Moving
23.5¢
Charitable Work
14.0¢

Mileage Rates

Here are 2013 rates for your reference as well.

2013 Mileage Rates

Standard Mileage Rates
Mileage
Rate/Mile
   
Business Travel
56.5¢
Medical/Moving
24.0¢
Charitable Work
14.0¢

Mileage Rates

With 2014 right around the corner, please plan accordingly.