And now, from the news-you-can-use while you cruise department …
The IRS has issued 2014 standard mileage rates, which take effect Jan. 1.
The new rates apply for use of a car, van, pickup or panel trucks. Here they are:
- 56 cents per mile for business miles driven;
- 23.5 cents per mile driven for medical or moving purposes;
- 14 cents per mile driven in service of charitable organizations.
The business, medical and moving expense rates decreased one-half cent from the 2013 rates.
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Dan Cook
Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.
