New optional mileage rate for last half of 2011

June 23, 2011, 11:16 am

The IRS announced an increased mileage rate for the last half of 2011 due to high fuel costs.

Starting 7-1-11, the optional rate for business use of vehicles is 55.5 cents per mile. For medical and moving the optional rate is 23.5 cents per mile.

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Standard mileage rates for 2011 – longer explanation

January 13, 2011, 8:30 am

If you would like a longer explanation on the IRS standard mileage rates, including background on an accountable plan and the use of the charitable mileage allowance, NonProfit GPS blog has a great article here.

Go to my post here for the 2011 rates.

Standard mileage rates for 2011 from IRS

December 6, 2010, 10:36 am

New standard mileage rates for 2011 from IRS announcement:

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