IRS Hikes Standard Mileage Rate for Business Travel
by Deirdre Blake
posted Jan 13 2014 7:11AM
If you drive for work and get reimbursed for your mileage, make sure you're getting paid the right amount. The IRS has hiked the standard mileage rate to 56 cents for business miles driven. The change is based on an annual study of the costs of operating a vehicle.