Archive for November 2012

IRS Increases Mileage Rates a Penny in 2013

Beginning on Jan. 1, 2013, the standard mileage rates for the use of a car, as well as vans, pickups and panel trucks, will be raised 1 cent from 2012 rates:   56.5 cents per mile for business miles driven, 24 cents per mile driven for medical or moving purposes, and 14 cents per mile driven in service of charitable organizations.  The medical and moving rate is also up 1 cent per mile from the 2012 rate.