IRS ups the standard mileage rates


By tvgnus   Follow   Wed, 21 Nov 2012, 10:03am   105 views   0 comments
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http://www.centralvalleybusinesstimes.com/stories/001/?ID=22343

Increases by a penny a mile •  Its effective Jan. 1, 2013 You can take a tiny bit more off your taxes following action by the Internal Revenue Service to increase the 2013 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

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