Press Releases
June 2008: IRS Increases Mileage Rates through December 31, 20086/25/2008 The IRS announced on June 23, 2008 that, as a result of gas price increases, the optional standard mileage rates for the last six months of 2008 have increased to 58.5 cents per mile for all business miles driven July 1 - December 31, 2008.
Mileage rates for computing deductible medical or moving expenses will increase 50 27 cents per mile for July 1- December 31, 2008. Mileage rates of 14 cents per mile incurred providing services for charitable organizations have not changed. This figure is set by statute, not by the IRS. |
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