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mileage2012The Internal Revenue Service and Treasury Department have announced the standard mileage rate for 2014. The standard mileage rate for all qualifying business miles driven is 56 cents. This is a decrease of one-half cent from the 2013 rate.

Remember that mileage reimbursements must be made under the church’s “accountable reimbursement plan.”

The rate for computing deductible medical or moving expenses in 2013 is set at 23.5 cents per mile. This is also a decrease of one-half cent from the 2013 rate.

The rate for providing services for charitable organizations is set by statute, not the IRS, and remains at 14 cents a mile.

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