New IRS Mileage Rate is $.50 per mile for 2010

In case you missed the early December official announcement, the 2010 IRS business mileage rate is reduced to 50 cents per mile to reflect lower transportation costs – mostly a drop in gas prices from 2009.  You may need to manually change this rate in your time/billing/accounting software.  If you need assistance with this task, contact your Affinity Consulting Group office.

If it is part of your job to stay up to date with changes in IRS rules, you can subscribe to IRS email updates here.


 

Follow Us

feedtwitterfacebooklinkedin

Join Our Mailing List
Email:

All Affinity Blog Articles