Tag: mileage
2012 Standard Mileage Rates
The Internal Revenue Service issued the 2012 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2012, the standard mileage rates for the use
2011 Standard Mileage Rates – Rates 7/1 through 12/31/11 – IRS mileage
The rate will increase to 55.5 cents a mile for all business miles driven from July 1, 2011, through Dec. 31, 2011. This is an increase of 4.5 cents from the 51 cent rate in effect for the first six
Optional Standard Mileage Rates – after July 1, 2011
Optional Standard Mileage Rates – Announcement 2011-40 This announcement informs taxpayers that the Internal Revenue Service is modifying Notice 2010-88, 2010-51 I.R.B. 882, by revising the optional standard mileage rates for computing the deductible costs of operating an automobile for
IRS Increases Mileage Rate to 55.5 Cents per Mile – Rates 7/1 through 12/31/11
The Internal Revenue Service announced an increase in the optional standard mileage rates for the final six months of 2011. Taxpayers may use the optional standard rates to calculate the deductible costs of operating an automobile for business and other
2011 Standard Mileage Rates – Rates 1/1 through 6/30/11
Internal Revenue Service issued the 2011 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2011, the standard mileage rates for the use of
2010 Standard Mileage Rates
Beginning on Jan. 1, 2010, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) are: 50 cents per mile for business miles driven 16.5 cents per mile driven for medical or moving purposes
