Standard Mileage Rate Increases for 2018
Beginning January 1, 2018 the standard mileage rates will be:
- 54.5 cents per mile for business miles driven (up from 53.5 cents per mile in 2017)
- 18 cents per mile for medical or moving purposes (up from 17 cents per mile in 2017)
- 14 cents per mile for charitable contributions (same in 2017)
Thank you for the information. We look forward to the next blog.
Ginger & Glenn Sterk