New 2015 Rates

2015 Standard Mileage Rates

The IRS announced that beginning on January 1, 2015, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) are:

  • 57.5 cents per mile for business miles driven
  • 23 cents per mile driven for medical or moving purposes
  • 14 cents per mile driven in service of charitable organizations

Pension Plan & IRA Limitations

Dollar limitations for pension plans and other retirement-related items for tax year 2015 have changed from 2014. Please see the table below.
limitations

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