Daily Archives: June 28, 2011

IRS Increases Mileage Rate to 55.5 Cents per Mile

Posted on June 28, 2011 by Camron Hoorfar

The Internal Revenue Service today announced an increase in the optional standard mileage rates for the final six months of 2011. Taxpayers may use the optional standard rates to calculate the deductible costs of operating an automobile for business and … Continue reading →

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