2016 Standard Mileage Rates

 

 

The IRS recently announced mileage rates to be used for travel in 2016. The Business mileage rate decreases by 3.5 cents while Medical and Moving mileage rates are lowered by four cents. Charitable mileage rates are unchanged.

 

2016 Standard Mileage Rates

 

Mileage                               Rate/Mile

Business Travel                  54.0¢

Medical/Moving                  19.0¢

Charitable Work                  14.0¢

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Anthony & Associates, CPAs  LLC

18-5 E Dundee Rd - Ste 310

Barrington, IL 60010

Phone: 847.842.1075

Fax: 847.387.5505

staff@aacpa.pro

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Anthony & Associates Certified Public Accountants in Barrington provide quality accounting, tax, payroll, and financial services to all areas of the Northwest Suburbs of Chicago, IL including: Arlington Hts, Schaumburg, Hoffman Estates, Elgin, Lake Zurich, Wauconda, Buffalo Grove, and Palatine, IIllinois.

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