2010 Standard Milage Rates Announced
Posted 12-8-2009 | Download Article
The Internal Revenue Service announced the 2010 standard mileage rates. Beginning on Jan.1, 2010, the mileage rates used to calculate the deductible costs will be:
- 50 cents per mile for business purposes
- 16.5 cents per mile for medical or moving purposes
- 14 cents per mile for charitable purposes
Please contact Gloria McDonnell, CPA, with any questions at
mcdonnell@hlbtr.com.