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Monthly Newsletter

Tax and Business Alert

Check out our monthly newsletter for updates on the latest tax and business topics.

Tax News

 2012 IRS Mileage Rates 

The IRS has announced that beginning on January 1, 2012, the standard mileage rates for the use of a car (including vans, pickups, or panel trucks) will be:
 
  • 55.5 cents per mile for business miles driven;
  • 23 cents per mile driven for medical or moving purposes; and
  • 14 cents per mile driven in service of charitable organizations.
    
  (IRS Notice 2012-01)

 

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