IRS Mileage Reimbursement Rates Increase in 2018

Beginning January 1, 2018, the standard mileage rates designated by the Internal Revenue Service (IRS) are the following: 54.5 cents per mile for the use of a car, van, pickup or panel truck for business miles driven (up 1 cent from 2017). 18 cents per mile driven for medical or moving purposes (up 1 cent from 2017). 14 cents …