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May 06, 2021
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Mileage Rate 2021
Posted On: Dec 30, 2020

Effective January 1, 2021, the I.R.S. standard mileage rate for business use of an automobile will be 56 cents per mile. This represents a decrease of 1.5 cents per mile from the prior year’s rate. (Internal Revenue Service Notice 2021-02).

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