The Updates are Here: Standard Mileage Rates for 2019
The New Year means new standard mileage rates – and 2019 is no exception. The IRS recently announced new standard mileage rates and conditions for business use of a vehicle effective January 1, 2019. While the rate has increased significantly, employers and employees are still wondering how the new tax law will affect their deductions.
Here’s a one-sheet to help steer you in the right direction.
(for a printer-friendly PDF, click here)
If you have any questions, as always, please feel free to reach out to us at taxtalk@ellinandtucker.com
Insights
As we approach 80 years, Ellin & Tucker remains firmly in the room, driven by a legacy of excellence in teamwork, leadership, and service. Our strength has always been in our people, and together, we’ll continue to stand with the next generation of difference-makers and leaders, ready to shape the future.
