IRs-Audit-Tips

 

New (sorta) mileage rates for 2014

The IRS has announced a slight change in mileage for 2014.
Business miles are now $0.56 per mile
Medical and moving rates are $0.235 per mile
Unchanged is the rate of $0.14 per mile for charity.

These are only about a half penny less than last year.
They can be readjusted by the IRS at any time during
the year. Evidently the service hasn’t noticed how much
our gas prices have dropped!