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: Standard mileage rates for allowance of U.S. federal income tax deductions
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...