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The IRS announced that beginning July 1, the standard rate used to calculate the deductible costs of operating an automobile for business purposes will be increased to 58.5 cents per mile, the highest rate ever. The previous rate, set in the fall of 2007, is 50.5 cents per mile. The new rate will be in effect until Dec. 31. The IRS normally updates mileage rates once in the fall for the next calendar year.
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What is the 2009 federal law current rate for gas mileage reimbursement rate?
What is the 2009 federal law current rate for gas mileage reimbursement rate?
What is the average mileage reimbursement rate in Illinois?
Effective for 2008 the Illinois mileage reimbursement rate is: .505
What is the mileage reimbursement rate in Indiana?
The mileage rate for Indiana as of 2008 is 44 cents per mile
What is the current IRS gas mileage for 2012?
.555 is the current reimbursement rate if you are using your own car.
What is the mileage reimbursement rate in Illinois?
As of Jan 1, 2008 it is $0.505 per mile.
What is the mileage reimbursement rate in France?
mileage rate in france
What is the 2009 mileage reimbursement rate in Illinois?
The 2009 mileage reimbursement rate in Illinois is .55 per mile.
What is average mileage reimbursement in California?
The IRS calculates a rate yearly, and publishes it. it is currently, for 2008, 50.5 cents per mile.
What is the gas mileage reimbursement rate for Kansas?
The mileage reimbursement rate for the state of Kansas is 50.5.
What is the average mileage reimbursement rate in NY?
58.5 cents/mile as of July 1st 2008 in NYS
What is current mileage reimbursement in Texas?
Same as fed rate .55 http://www.IRS.gov/newsroom/article/0,,id=200505,00.HTML what is the gas mileage reimbursement rate for Texas
What is the 2009 mileage reimbursement rate for Illinois?
Business mileage reimbursement is set by the Internal Revenue Service, a federal agency. The 2009 rate is .55/mile.
