New mileage rates announced by the IRS
Mileage rates for travel are now set for 2021. The standard business mileage rate decreases by 1.5 cents to 56 cents per mile. The medical and moving mileage rates also decrease by 1 cent to 16 cents per mile. Charitable mileage rates remain unchanged at 14 cents per mile.
Here are the 2020 mileage rates for your reference.
Remember to properly document your mileage to receive full credit for your miles driven.
