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Hey does anyone know what the goverment is paying per mile now for vehicle reimbersement.

someone was telling me its upwards of 60 cents now. That doesnt sound right but who knows.
 

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Edit -- It helps to look at the main page of their website.

IRS Increases Mileage Rates through Dec. 31, 2008


IR-2008-82, June 23, 2008

Downloadable Audio File: Mileage Rates

WASHINGTON — The Internal Revenue Service today announced an increase in the optional standard mileage rates for the final six months of 2008. Taxpayers may use the optional standard rates to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

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 cent rate in effect for the first six months of 2008, as set forth in Rev. Proc. 2007-70.

In recognition of recent gasoline price increases, the IRS made this special adjustment for the final months of 2008. The IRS normally updates the mileage rates once a year in the fall for the next calendar year.
 

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Unless.....




you have a prius then you have to pay the govt for the mammoth sized carbon foot print :laugher: :laugher: :laugher: :laugher: :laugher: :laugher: :laugher: :laugher: :laugher:
 
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