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Cents-per-mile rate for business miles decreases slightly for 2020

Cents-per-mile rate for business miles decreases slightly for 2020

  • Post author:admin
  • Post published:January 23, 2020
  • Post category:Uncategorized

This year, the optional standard mileage rate used to calculate the deductible costs of operating an automobile for business decreased by one-half cent, to 57.5 cents per mile. As a…

Continue Reading Cents-per-mile rate for business miles decreases slightly for 2020

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Dustin Kern, CPA, P.C. was established in 2018. We have a office in Wilmington serving Eastern NC.

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