IRS Increases Mileage Rates
Due to rising gas prices, the mileage rate will increase by eight cents to 58.5 cents a mile for all business miles driven from July 1 through Dec 31, 2008.



Due to rising gas prices, the mileage rate will increase by eight cents to 58.5 cents a mile for all business miles driven from July 1 through Dec 31, 2008.



The IRS announced the 2009 standard mileage rates will decrease effective 01/01/2009:
55 cents per mile for business miles driven
24 cents per mile driven for medical or moving purposes
14 cents per mile driven in service of charitable organizations
See IRS Notice at:
http://www.irs.ustreas.gov/new...
Jim J
CFO for Hire
That's very good points for all business type of industry to notify/ reminds.