Daily
Update - November 30, 2012 - IRS ISSUES NEW MILEAGE RATES FOR 2013
The Internal
Revenue Service (IRS) this week issued the 2013 optional standard
mileage rates used to calculate the deductible costs of operating a
vehicle for business, charitable, medical or moving purposes.
Beginning Jan. 1,
the standard mileage rate for using a car for business will be 56.5
cents per mile. The standard mileage rate for using a car in service
of charitable organizations is 14 cents per mile.
Taxpayers always
have the option of calculating the actual costs of using their
vehicle rather than using the standard mileage rates.
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An email newsletter of the
Georgia
Association of Homes
and Services for Children
as a public service.
Normer Adams, Editor
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