IRS Decreases Business Mileage Rate in 2009

by Ted

The IRS has announced that the standard business mileage rate for transportation expenses paid or incurred beginning January 1, 2009, will be 55 cents per mile, down from the 58.5 cents per mile rate for 2008 Source :  www.irs.gov/newsroom/article/0,,id=200505,00.html. WASHINGTON — The Internal Revenue Service today issued the 2009 optional standard mileage rates used to […]