back to home
  essentials newsletter Real estate seminar Pathways newsletter
 

2010 mileage rate

The IRS set the standard mileage rate at 50 cents per business mile driven for 2010.

 

 

To Convert or Not to Convert? Converting a traditional IRA to a Roth IRA might benefit certain taxpayers. Download our brochure here.

 

IRS TAX TIP: Ten Facts About Claiming Donations Made to Haiti

 

 

IRS increases standard mileage rate to 58.5 cents per mile

The Internal Revenue Service has announced that the optional standard mileage rate has increased 8 cents to 58.5 cents per mile for all business miles driven on or after July 1, 2008, up from 50.5 cents for the first six months of the year.

The increased rate used for computing deductible medical or moving expenses is 27 cents per mile. The 14 cents-per-mile rate used for providing services to charitable organizations is set by statute and did not change.

Please contact Williams-Keepers LLC at (573) 442-6171 or (573) 635-6196 to learn more about this important change.

Click here to view the article in PDF format.

Back to News page