IRS Mileage Rate for 2017

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Thursday, December 22, 2016

The Internal Revenue Service (IRS) has announced that the business standard mileage rate for transportation expenses paid or incurred beginning January 1, 2017, will be 53.5 cents per mile.  This business mile rate is a slight decrease from 2016 (which was 54 cents per mile).  For additional information about other categories of mileage, and the full report, please refer to the IRS website.