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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

2010 Rates Announced


The IRS has announced that beginning on January 1, 2010, the standard mileage rates for the use of a car (including vans, pickups, or panel trucks) will be:
 
  • 50 cents per mile for business miles driven;
  • 16.5 cents per mile driven for medical or moving purposes; and
  • 14 cents per mile driven in service of charitable organizations.

      (Rev. Proc. 2008-72)

California conforms to these amounts.

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