The IRS has released the 2018 standard mileage rate. For business travel, it is 54½ cents per mile. For medical-related travel, it is 18 cents per mile. The rate for charitable use of an automobile is not subject to adjustment, and it remains 14 cents per mile.
The information provided herein is provided with the understanding that the author and publisher are not engaged in rendering legal, accounting or other professional service. As such, M + O = CPE, Inc. and the author disclaim any responsibility or liability for the information supplied herein or the application of said information.
