The U.S. Internal Revenue Service increased the mileage deduction today for the rest of the year by 16 percent to 58.5 cents a mile from the previous rate of 50.5 cents because of the rising price of gasoline. The change takes effect July 1.
58.5 cents per mile
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About this Entry
This page contains a single entry by Paul Kuehnel published on June 23, 2008 5:46 PM.
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