Recent Posts to CPA Care

Mileage Rate Increases

Posted in the Resource Center, CPA Care, CPA Newsletter, Tax & Legislation, and CPA Care category on July 28, 2011

mileage driven for work

Due to recent increase in gas prices, the IRS increased the standard business and medical/moving mileage rates effective July 1, 2011 through December 31, 2011.

2011 Mileage Rate Changes

January 1– June 30 July 1 – December 31
Business $0.51 $0.555
Medical/Moving $0.19 $0.235
Charitable $0.14 $0.14