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IRS Updates Mileage Rates for 2013

 The IRS has announced that the business standard mileage rate for 2013 will increase by 1 cent to 56.5 cents per mile. The rate for moving and medical purposes will also increase by 1 cent to 24 cents, while the mileage rate for charitable purposes, which is set by law, will remain at 14 cents.

 

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