1. Business Tax and Deductable Expenses

    Business tax and deductible business expenses The IRS standard mileage rate has changed for 2014. Here are the rates: •56 cents per mile for business miles driven •23.5 cents per mile driven for medical or moving purposes •14 cents per mile driven in service of charitable organizations. These rates are in effect for the entire year for businesses taking the standard mileage deduction. Busine…Read More