Archive for Standard Mileage Rates
Dec
11
Standard Mileage Rates
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The IRS announced in its Revenue Procedure 2009-54 (http://www.irs.gov/pub/irs-drop/rp-09-54.pdf) the revised 2010 standard mileage rates.
| 2009 | 2010 | |
| Business | 55 cents per mile | 50 cents per mile |
| Medical and moving | 24 cents per mile | 16.5 cents per mile |
| Charitable contribution | 14 cents per mile | 14 cents per mile |