Monday, June 23, 2008

IRS Increases Mileage Reimbursement

Woohoo!

The Internal Revenue Service will increase by 8 cents the standard amount that can be deducted for driving for business, medical and moving expenses.

The new rates of 58.5 cents for business driving and 27 cents for medical or moving driving will go into effect July 1 and last six months.

(1) Comments
Posted by Owen at 2024 hrs
Law + Politics + Politics - General