Print Page - IRS Increases Mileage Tax Deduction by 16 Percent to 58.5 Cents

Title: IRS Increases Mileage Tax Deduction by 16 Percent to 58.5 Cents
Post by: CheezeFlixz on June 24, 2008, 09:41:46 PM

Ok I know there is a few self employed folks here and others that can write off mileage so here you go ...

For those of you in the US that claim mileage, starting JULY 1 thru DEC 31 the rate goes to 58.5 cents a mile. A jump of 8 cents a mile. Really doesn't keep up with the raise in fuel cost, but it's better than a kick in the teeth.

http://www.bloomberg.com/apps/news?sid=axhW8Q2d6PEI&pid=20601103 (http://www.bloomberg.com/apps/news?sid=axhW8Q2d6PEI&pid=20601103)

Title: Re: IRS Increases Mileage Tax Deduction by 16 Percent to 58.5 Cents
Post by: Mr. DS on June 24, 2008, 09:43:59 PM

The wife sells Avon and will be thrilled to hear this, thanx Cheeze. :thumbup:

Badmovies.org Forum

Other Topics => Off Topic Discussion => Topic started by: CheezeFlixz on June 24, 2008, 09:41:46 PM