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...
Tagged: federal tax reimbursement for mileage as of july 1st 2011
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...