IRS 2021 Standard Mileage Rate

Effective January 1, 2021, the mileage rate has decreased from $0.575 to $0.56 for business miles driven. This is a decrease of $0.015 per mile from the rate used in 2020. This is the rate that will be used to determine the reimbursement amount for mileage accumulated...

IRS 2020 Standard Mileage Rate

Effective January 1, 2020, the mileage rate has decreased from $0.58 to $0.575 for business miles driven. This is a decrease of $0.005 per mile from the rate used in 2019. This is the rate that will be used to determine the reimbursement amount for mileage accumulated...