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WASHINGTON — The Internal Revenue Service today issued the 2019 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

Beginning on Jan. 1, 2019, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

58 cents per mile driven for business use, up 3.5 cents from the rate for 2018,
20 cents per mile driven for medical or moving purposes, up 2 cents from the rate for 2018, and
14 cents per mile driven in service of charitable organizations.

READ MORE…

https://www.irs.gov/newsroom/irs-issues-standard-mileage-rates-for-2019

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Charleston, SC, USA

Published by IPS Accounting Services & Consulting

I was born in Cuba and came to the US at the age of nine during the 1980 Mariel Exodus. After twenty five years of a successful career in Managerial Accounting for private and corporate sectors. At the age of 45 and empty nester I felt my life needed a bigger purpose. Accounting has been my lifelong journey and I wanted the opportunity to help business reach their optimal growth. In addition to being a devoted mother and wife I’m very involved in my community and volunteer much of my time to advocating for righteous causes. I’m devoted to the women’s movement as well as keeping our Hispanic roots and culture alive.

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