2014 Standard Mileage Rates
The IRS announced that beginning on January 1, 2014, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) are:
- 56 cents per mile for business miles driven
- 23.5 cents per mile driven for medical or moving purposes
- 14 cents per mile driven in service of charitable organizations
Pension Plan Limitations
Dollar limitations for pension plans and other retirement-related items for tax year 2014 did not change from 2013. Please see the table below.
