New Standard Mileage Rates for Business to Rise in 2015

Beginning on Jan. 1, 2015, the IRS will allow the following standard mileage rates for the use of a car, van, pickup or panel truck: 57.5 cents per mile for business miles driven, up from 56 cents in 2014 23 cents per mile driven for medical or moving purposes, down half a cent from 2014 [...]