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Hit the Road, Jack: IRS Issues Standard Mileage Rates for 2021
Internal Revenue Service [IRS] 
[Official Guidance] Dec. 22, 2020 "Beginning on January 1, 2021, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 56 cents per mile driven for business use, down 1.5 cents from the rate for 2020, 16 cents per mile driven for medical or moving purposes for qualified active duty members of the Armed Forces, down 1 cent from the rate for 2020, and 14 cents per mile driven in service of charitable organizations, the rate is set by statute and remains unchanged from 2020." [See IRS Notice 2021-02] MORE >> |
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