(402) 990-3934 kathi@kshawcpa.com

The Internal Revenue Service has released the 2014 standard mileage rates to be used to calculate deductible auto expenses.  The rates for next year will be 56 cents a mile for business miles driven, 23.5 cents for medical and moving purposes and 14 cents for miles driven in the service of charitable organizations.  As always, it is essential to maintain adequate mileage logs.  If you have any quesitons, please feel free to contact me.