IRS Adjusts Mileage Rates

  • by Constituent Services Representative
  • Feb 20, 2020

Effective Jan. 1, 2020, the Internal Revenue Service (IRS) has new standard mileage rates for employees, self-employed individuals and other taxpayers. This will affect leader reimbursements paid by your constituency.

The rate for business use of an automobile has been decreased from $0.580 to $0.575 per mile for all business miles driven between Jan. 1 and Dec. 31, 2020.