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: mileage rate
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...
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...
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...