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The IRS Standard Mileage rate has been adjusted lower for 2017.

Due to the reduction in gasoline prices, the 2017 IRS Mileage rate will be 53.5¢ (Down from 54¢ per mile in 2016). 💰 53.5 cents per mile for business miles driven. 💰 17 cents per mile driven for medical or moving purposes. 💰 14 cents per mile driven in service of charitable organizations For more information, please review the IRS announcement: IRS.GOV Q: Did you anticipate that the mileage rate would be lower? Robert Ruhno Director and Blogger Accounts Payable Professionals Group (APPG)

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