Beginning on January 1st, 2020, the standard mileage rate for use of a car are:

• 57.5 cents per mile for business miles driven, down one half of a cent from the 2019 rate 
• 17 cents per mile driven for medical or moving purposes, down 3 cents from the 2019 rate 
• 14 cents per mile driven in service of charitable organizations - remaining unchanged

2019 Mileage Rates  The standard mileage rate for business driving for 2019 was 58¢ per mile.  The medical and moving rate for 2017 was 20¢ per mile for medical or moving purposes.  The charitable rate was 14¢ per mile driven in service of a charitable organization.                                                                               

                  Failure-to-File Penalty 

 

Effective for tax years beginning after December 31, 2009, the failure-to-file penalty for Partnerships and S Corporations has increased from $89 per month to $195 per month.