IRS Announces 2013 Standard Mileage Rates

The Internal Revenue Service issued the 2013 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

Beginning on Jan. 1, 2013, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

• $0.565 cents per mile for business miles driven  

Information regarding mileage and other per diem rates can be found on www.gsa.gov and further information is provided on the Finance & Treasury website at www.montclair.edu/media/montclairedu/financetreasurer/forms/accountingsvcs/travelregulations.pdf