The IRS has done it again! They have created 2 different standard mileage rates for the year. From January 1 through June 30, 2011 the standard mileage rate is 51¢ per mile for business travel and for July 1, through December 31, 2001 it is 55.5¢ per mile. So make sure you know how many […]

The IRS has announced that the standard mileage rate for business use is increasing to 51¢ per mile for business travel after 2010. That’s a whole penny more than the rate for 2010! The mileage rate for moving expenses or medical care is 19¢ per mile. That’s a whole 2.5¢ increase from the 2010 rate. […]