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News

IRS ANNOUNCES 2019 STANDARD MILEAGE RATES

12/18/2018

 
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​The Internal Revenue Service recently issued the 2019 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
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Beginning on Jan. 1, 2019, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:
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  • 58 cents per mile driven for business use, up 3.5 cents from the rate for 2018,

  • 20 cents per mile driven for medical or moving purposes, up 2 cents from the rate for 2018, and

  • 14 cents per mile driven in service of charitable organizations.
The business mileage rate increased 3.5 cents for business travel driven and 2 cents for medical and certain moving expense from the rates for 2018. The charitable rate is set by statute and remains unchanged.
​
The standard mileage rate for business use is based on an annual study of the fixed and variable costs of operating an automobile. The rate for medical and moving purposes is based on the variable costs.


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400 E. Esplanade Dr., Suite 302  |  Oxnard, CA 93036 (main office)
1601 Carmen Drive, Suite 110A  |  Camarillo, CA 93010 (​by appointment only)
Phone: (805) 738-9100  |  info@wvcba.org

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  • Membership
    • Application
    • Why Join?
    • Membership Levels
    • Committees
  • Events
    • Event Calendar
    • Signature Events
    • Oxnard Community & Business Awards
  • Business Directory
    • Business Directory
    • Military Discount Program
  • News
    • Business & Community Guide
    • News
    • Dallas Cowboys Training Camp
  • Member Login
  • ABOUT US
    • Mission | Team | Contact
    • Board of Directors
    • Chairman's Circle
    • Oxnard Leadership Program