2017 Mileage Rates Released

The IRS recently released the mileage rates effective on January 1, 2017. They are:

  • 53.5 cents per mile for business miles driven, down from 54 cents for 2016
  • 17 cents per mile driven for medical or moving purposes, down from 19 cents for 2016
  • 14 cents per mile driven in service of charitable organizations

The entire Notice can be read here.