MileageWise BlogStandard mileage rates

Standard mileage rates

The standard mileage rate is the amount per mile that the Internal Revenue Service (IRS) allows taxpayers to use to calculate vehicle expenses for tax deduction purposes. The program automatically calculates with the period-appropriate standard mileage rates depending on which year's mileage log you're working on, on the MileageWise dashboard. However, to keep our users…