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Taxation & Estate Planning

: TaxProf Blog

IRS Releases 2012 Standard Mileage Rates

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The IRS today released (IR-2011-116) the standard mileage rates for 2012 (Notice 2012-1, 2012-1 I.R.B. ___ (Jan. 9, 2012)): Beginning on Jan. 1, 2012, the standard mileage rates for the use of a car (also vans, pickups, or panel trucks) will be: 55.5 cents per mile for business miles driven...

Full post as published by TaxProf Blog on December 09, 2011 (boomark / email).

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