Drake Software blog for tax pros, covering tax, IRS news, and more

IRS Releases 2017 Standard Mileage Rates

IRS Releases 2017 Standard Mileage Rates

Declining energy prices have apparently made their mark on the rates used to figure deductible costs of operating a vehicle for business, medical or moving purposes. The Internal Revenue Service has shaved those rates, beginning January 1, 2017.…

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