The IRS recently issued Notice 2013-80, which primarily provides the 2014 Standard Mileage Rates.
Effective January 1st, 2014, the standard mileage rates are:
- Use of an automobile for business transportation or travel: 56 cents per mile
- Use of an automobile for medical care or as part of a move: 23.5 cents per mile
- Use of an automobile in rendering gratuitous services to a charitable organization: 14 cents per mile
We hope that you find this information helpful!
If you have any questions, please contact our team at 877-332-6387.