IRS Adjusts Mileage Rates

  • by AGD Constituent Services Representative
  • Jan 24, 2018

Effective Jan. 1, 2018, the IRS has new standard mileage rates for employees, self-employed individuals and other taxpayers. This will affect leader reimbursements paid by your constituent.

The rate for the business use of an automobile has been increased from $0.535 to $0.545 per mile for all business miles driven between Jan. 1 and Dec. 31, 2018.