Asides

IRS - Increase in Optional Standard Mileage Rates

By Innkeeper ⋅ June 30, 2008 ⋅  Email This Post ⋅  Print This Post ⋅ Post a comment

IRS Increases Standard Mileage Rates.  The rate will increase to 58.5 cents per mile for business and 27 cents per mile for medical and moving expenses. Mileage for charitable purposes remains unchanged at 14 cents per mile. To view the IRS announcement click here.