New Mileage rates for 2015

There is some good news from the IRS. They have released updated mileage rates for 2015 and the good news is, they have increased. 

Beginning on Jan. 1, 2015, the standard mileage rates for the use of a car, van, pickup or panel truck will be:

• 57.5 cents per mile for business miles driven, up from 56 cents in 2014
• 23 cents per mile driven for medical or moving purposes, down half a cent from 2014  
• 14 cents per mile driven in service of charitable organizations

Click Here to download the IRS Notice 2014-79