Monday, December 12, 2011

IRS releases 2012 Mileage Rates

For business use of an automobile remains at 55½ cents per mile. For medical or moving expenses, it is 23 cents per mile (a half-cent decrease from the second half of 2011). For services to charitable organizations, the rate (which is set by statute) is 14 cents per mile.

Posted via email from hrstrategist@Net-Speed

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