2011 Mileage Rates Announced
Posted 12-10-2010
The Internal Revenue Service just announced the 2011 standard mileage rates. Beginning on January 1, 2011, the mileage rates used to calculate the deductible costs will be:
- 51 cents per mile for business purposes
- 19 cents per mile for medical or moving purposes
- 14 cents per mile for charitable purposes
Please contact Gloria McDonnell, CPA, with any questions at gmcdonnell@hlbtr.com.