The IRS recently announced mileage rates to be used for travel in 2015. The business mileage rate increases by 1.5 cents while Medical and Moving mileage rates are lowered by one cent. Charitable mileage rates are unchanged.
Standard Mileage Rates | |
Mileage | Rate/Mile |
Business Travel | 57.5¢ |
Medical/Moving | 23.0¢ |
Charitable Work | 14.0¢ |
Remember to properly document your mileage to receive full credit for your miles driven.