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2018 Standard Mileage Rates

The 2018 standard mileage rates have been issued by the IRS. As of January 1, 2018, the standard mileage rates for the use of cars, vans, pickups, or panel trucks are the following:

• 54.5 cents for every mile of business travel driven.
• 18 cents per mile driven for moving or medical purposes.
• 14 cents per mile driven in service of charitable organizations.

Please consult your tax advisor on all the above issues.

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