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Miscellaneous

: Doherty & Progar

IRS Increases Mileage Rate Through End of 2008

By Michael Progar

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The Internal Revenue Service announced today that due to recent gasoline price increases, it was adjusting the standard business mileage rate for the second half of 2008. Through June 30, the rate will remain at 50.5 cents per mile. Beginning July 1, the rate increases to 58.5 cents per mile. That rate will remain in effect through December 31, 2008.

Full post as published by Doherty & Progar on June 23, 2008 (boomark / email).

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