Tag Archive for mileage rates

Standard Mileage Rate For 2014 is…

The IRS has announced slightly increased 2014 standard mileage rates, following the past few years trend. The IRS official press release and link to the IRS website follows: WASHINGTON — The Internal Revenue Service today issued the 2014 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable,…

IRS announces 2010 Mileage rates

2010 IRS Mileage Rate drops 9% from 2009 Level The 2010 IRS mileage rate for business mileage is 50 cents; find more, including rates for medical/moving and charitable miles at: http://www.irs.gov/newsroom/article/0,,id=216048,00.html The IRS Mileage Rate for 2009 was 55 cents, a full 5 cents higher. According to the IRS, the reduced 2010 rate reflects generally…