IRS increases business mileage deductions.
August 14, 2008 | Posted by : admin | Tax Tips | Comments Off on IRS increases business mileage deductions.»
Effective July 1, 2008, the standard mileage rate deductible for Business purposes increases from the current 50.5¢ per mile to 58.5¢ per mile. That can add up to a significant tax deduction but you have to keep written records that ...
