IRS Announces 2020 Mileage Rates
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Better late than never: The Internal Revenue Service (IRS) has issued the 2020 standard mileage rates. Beginning on January 1, 2020, the standard mileage rates for the use of a car, van, pickup or panel truck will be:
57.5 cents per mile for business miles driven (down from 58 cents in 2019)
17 cents per mile driven for medical or moving purposes (down from 20 cents in 2019)
14 cents per…
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