by Renu Vardhan | Jun 27, 2011 | 2011 Tax Updates, Standard Mileage Rate
The Internal Revenue Service announced an increase in the optional standard mileage rates for the final six months of 2011. As a result the rate will increase to 55.5 cents a mile for all business miles driven from July 1, 2011, through Dec. 31, 2011 and will be 51...
by Renu Vardhan | Dec 8, 2009 | Standard Mileage Rate
Beginning on Jan. 1, 2010, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 50 cents per mile for business miles driven 16.5 cents per mile driven for medical or moving purposes 14 cents per mile driven in service of...
by Renu Vardhan | Nov 27, 2008 | Standard Mileage Rate
Beginning on Jan. 1, 2009, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:55 cents per mile for business miles driven24 cents per mile driven for medical or moving purposes14 cents per mile driven in service of charitable...
by Renu Vardhan | Jul 11, 2008 | Standard Mileage Rate
This is sent for informational purposes only- and may be helpful in tax planning for the year.Effective July 1, 2008, the standard mileage rate deductible forbusiness purposes increases to 58.5 per mile. It was 50.5 cents per mile for Jan 1st 2008 thru June 30th 2008....
