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The Internal Revenue Service calculates the standard mileage rate based on a yearly study of how much it costs to operate a vehicle. If a person is using a vehicle for medical or moving purposes, the mileage rate is only... More »

www.reference.com Business & Finance Taxes

The standard mileage rate for the 2014 tax year is 56 cents per mile driven for business or 23.5 cents per mile driven for moving or medical purposes, according to the Internal Revenue Service. For miles driven in servic... More »

www.reference.com Business & Finance Taxes

The mileage expense rate for 2015 is 57.5 cents per mile when driving for business, 23 cents when moving or driving for medical reasons, and 14 cents when driving for charity, according to the Internal Revenue Service. M... More »

www.reference.com Business & Finance Taxes
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The Internal Revenue Service typically updates its mileage rate in December before the start of a new tax year, although it occasionally makes midyear adjustments. The business mileage rate reflects the cost of operating... More »

www.reference.com Business & Finance Taxes

The Internal Revenue Service's standard mileage rates are on IRS.gov under the Newsroom section, explains the agency. As of 2015, the rate for the use of a car driven for business is 57.5 cents per mile. More »

www.reference.com Business & Finance Taxes

The standard mileage rate for the 2014 tax year is 56 cents per mile driven for business or 23.5 cents per mile driven for moving or medical purposes, according to the Internal Revenue Service. For miles driven in servic... More »

www.reference.com Business & Finance Taxes

The mileage expense rate for 2015 is 57.5 cents per mile when driving for business, 23 cents when moving or driving for medical reasons, and 14 cents when driving for charity, according to the Internal Revenue Service. M... More »

www.reference.com Business & Finance Taxes