Dear Mobility Accounting, Tax and Payroll Professionals:

The new 2020 IRS mileage rates have been released.  Please click below:

Effective 1/1/20, the business mileage rate has gone from $0.58 cents down to $0.575 cents (a half a penny) and the moving expense rate for military moves has gone down from $0.20 cents per mile to $0.17 per mile (a three penny decrease).

Happy New Year!!!