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Tuesday, January 5, 2010
IRS Reduces 2010 Mileage Reimbursement Rates
The
Internal Revenue Service (IRS)
announced that the optional standard mileage rates used to calculate the deductible cost of operation an automobile will go down, effective January 1, 2010, from 55 cents a mile to 50 cents a mile.
Visit the IRS website
for additional information.
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The Internal Revenue Service (IRS) announced that the optional standard mileage rates used to calculate the deductible cost of operation an automobile will go down, effective January 1, 2010, from 55 cents a mile to 50 cents a mile.
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