2012 standard business mileage rate unchanged at 55.5 cents

December 12th, 2011 by Joe Kristan

The IRS has published (Notice 2012-1) the standard mileage rates for 2012. The rate for business travel remains at 55.5 cents. The rate for moving is down 1/2 cent, to 23 cents per mile. The charitable rate remains unchanged at 14 cents.
Related: Mileage rate goes to 55.5 cents July 1, 2011