IRS.

• Position: Inside Alaska Business

The Internal Revenue Service issued the 2017 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes. Beginning on January 1,2017, the standard mileage rates for the use of a car (also vans, pickups, or panel trucks) will be: 53.5 cents per mile for business miles driven, down from 54 cents for 2016:17 cents per mile driven for medical or moving purposes, down from 19 cents for 2016; and 14 cents per mile driven in service of charitable organizations, which remains unchanged.

These and...