Standard Mileage Rate Increases
By Feed Admin - Posted on July 17th, 2008
Tagged: Accounting
• Certified Public Accountant
The IRS increased the business standard mileage rate from 50.5 cents per mile to 58.8 cents per mile effective July 1, 2008. They also raised the standard mileage rate for medical mileage from 19 cents-per-mile to 27 cents-per-mile. Charitable mileage...
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