IRS Rolls Back Standard Mileage Rates for 2021

The IRS has issued the 2021 standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes. Beginning January 1, 2021, the standard mileage rate for business use of a car, van, pickup, or panel truck will be 56 cents per mile, down 1.5 cents from the […]
The post IRS Rolls Back Standard Mileage Rates for 2021 appeared first on The Truth About Cars.