The standard mileage rates have been released by the IRS for 2014 (Notice 2013-80).
Beginning on January 1, 2014, the standard mileage rates for the use of a car (vans, pickup trucks or panel trucks) will be:
- 56 cents per mile for business miles driven.
- 23.5 cents per mile for medical or moving purposes.
- 14 cents per mile for charitable purposes.
Please read the full article here.