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Post by commentator on Jun 25, 2011 10:34:46 GMT -5
The IRS has announced new standard mileage rates for business and medical automobile use from July 1, 2011 to December 31, 2011. - Business - 55.5 cents per mile
- Medical and moving - 23.5 cents per mile
- The mileage rate for qualified charitable activities continues at the 14 cents per mile established by Congress in IRC § 170(i).
See Announcement 2011-40 at www.irs.gov/pub/irs-drop/a-11-40.pdf for more details.
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