IRS Adjusts Standard Mileage Rates for 2013

The Internal Revenue Service announced the increase of the standard mileage rates for business, medical, and moving for 2013. The following 2013 rates are effective January 1, 2013:

– 56.5 cents per mile for business miles driven
– 24 cents per mile driven for medical or moving purposes
– 14 cents per mile driven in service of charitable organization (unchanged from 2012)