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2016 vs 2015 Standard IRS Mileage Rates For Business, Medical, Moving and Charity – Tax Deduction Rules

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[Updated with latest 2016 IRS rates]  Standard mileage rates used to calculate the deductible costs of operating a car (includes vans, pickups or panel trucks) for business, charitable, medical or moving purposes are shown in the table below. These are effective from Jan. 1. The business, medical, and moving expense rates increase and decrease annually depending on the […]

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