Happy New Year - Odometer Readings?

So I am sure you don't need this reminder, but when you were ringing in the New Year, did you remember to jot down the odometer reading for January 1, 2016?   This is helpful in determining just how many miles you drive during the year in 2016, it will also be the ending odometer reading for your 2015 mileage.  

Beginning on Jan. 1, 2016, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:
  • 54 cents per mile for business miles driven, down from 57.5 cents for 2015
  • 19 cents per mile driven for medical or moving purposes, down from 23 cents for 2015
  • 14 cents per mile driven in service of charitable organizations
Keep track of your miles, they add up.

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"No matter who you are, making informed decisions about what you do with your money, will help build a more stable financial future for you and your family." Alan Greenspan