The IRS recently released updated federal mileage rates that will apply to mileage incurred on or after January 1, 2010:
* 50 cents per mile for business miles
* 16.5 cents per mile for medical or moving purposes
* 14 cents per mile for service of charitable organizations
The standard mileage rate for business mileage actually went down, reflecting the fact that the cost of fuel overall has decreased. The charitable mileage rate is fixed by Congress and they just haven’t addressed changing it for years, so it stays the same as it has for quite some time now.