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Taxation & Estate Planning

: TaxProf Blog

IRS Increases Standard Mileage Rate in Light of Record Gas Prices

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Last Monday, I blogged the groups requesting the IRS to increase the 2008 optional standard mileage rates used to calculate the deductible costs of operating an automobile in light of record gas prices. Today, the IRS announced (IR-2008-82; Announcement 2008-63)...

Full post as published by TaxProf Blog on June 23, 2008 (boomark / email).

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