Thursday, May 19, 2011

No Change for Standard Mileage Rate

During the May 12 payroll industry conference call, an IRS spokesperson said that the IRS has no current plans to increase the 2011 standard mileage rate of $.51 per business mile, despite the increase in gasoline prices. There was no mention of the rates for medical/moving at $.19 per mile or charity miles driven at $.14

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