News Flash:
IRS just released 2018 mileage rates:
- 54.5 cents for every mile of business travel driven, up 1 cent from the rate for 2017.
- 18 cents per mile driven for medical or moving purposes, up 1 cent from the rate for 2017.
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- 14 cents per mile driven in service of charitable organizations.
- 25 cents per mile is the depreciation on the vehicle.
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