Mileage Rate

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IRS Increases the Business Mileage Rate for 2005
The 1RS has announced an increase in the standard business mileage from 37.5 cents per mile for 2004 to 40.5 cents per mile for 2005. Other standard mileage ......(Continue Reading)

IRS hikes mileage rate for 2005
The U.S. Internal Revenue Service (IRS) has increased the 2005 optional standard mileage rates in computing the deductible costs of operating an automobile ......(Continue Reading)

… The standard mileage rate for businesses to use in deducting automobile costs will increase to 37.5 cents in 2004, up from 36 cents in 2003, according
... The standard mileage rate for businesses to use in deducting automobile costs will increase to 37.5 cents in 2004, up from 36 cents in 2003, according ......(Continue Reading)

IRS Increases Mileage Rate for the Remainder of 2005
In a move calculated to enable people to recoup the actual expense of operating a motor vehicle during this time of rising energy costs, the U.S. IRS has increased the optional standard mileage rates for the final four months of......(Continue Reading)

IRS Increases Standard Mileage Rate
As part of their ongoing efforts to provide short-term tax relief as a result of Hurricane Katrina, the Internal Revenue Service increased the standard mileage rate for the last few months of 2005. The standard mileage rate for business miles......(Continue Reading)

2003 Business Tax Changes
A quick visit to the IRS Newsroom will give you the current tax changes for 2003 businesses. Learn of the new mileage rate for automobile expenses or visit the tax tips for 2004 planning. For tax-saving articles, ideas and more......(Continue Reading)


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