Update your mileage rate reimbursements
If you plan on using your vehicle for business, medical appointments or moving during 2018, make sure you know the standard mileage rates have changed.
The standard business mileage rate increased to 54.5 cents per mile (up from 53.5 cents in 2017). The medical and moving rates also increased by 1 cent, to 18 cents per mile. Charitable rates remain at 14 cents per mile.
As always, feel free to pass this Tip along to friends, and reach out if you need help with your personal tax and finance situation.
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