The IRS Increases Mileage Rates Due to Gas Prices
On June 23rd the Internal Revenue Service announced an increase in the standard mileage rates for the final six months of 2008. The rate will increase to 58.5 cents a mile for all business miles driven from July 1, 2008, through Dec. 31, 2008. This is an increase of eight (8) cents from the 50.5 […]