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For taxpayers using standard mileage method

Per IRS Notice 2018-03

2018 standard mileage rates are as follows:

Business use: 54.5 cents/mile

Charitable use: 14 cents/mile

Medical care use: 18 cents/mile

 

Of course, there's lots of if's, and's & but's associated with business use of the standard mileage rates (no depreciation taken, no fleet use, etc.) The excruciating details are at the notice link above.

As always, please call or email me to discuss how this may or may not apply to your particular situation.