2009 Mileage Rate Decreases

IRS Decreases Business Mileage Rate for 2009

The IRS announced the standard business mileage rate will decrease to .55 cents for transportation expenses paid or incurred effective January 1, 2009.

Also effective 2009 the standard rate for miles driven for medical or moving purposes will decrease to 24 cents per mile.

For more information go to:
https://www.irs.gov/uac/irs-announces-2009-standard-mileage-rates

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