How Do You Find The IRS Mileage Rate?
Doing your taxes and need to find the IRS mileage rate? The IRS changes the amount you can deduct per mile driven for business purposes each year. You need to be sure you have the right rate before you do your taxes this year so follow these steps. Check the IRS website for information on mileage rate changes for the current year. The IRS makes changes each year so it is a good idea to check before you start your taxes. Check the IRS news releases for changes also. For the year 2008, the standard IRS mileage rate changed before the start of the year and then halfway through the year the IRS made another change for miles driven in the last half of the year. For 2008 the standard mileage rate for business miles is 50.5 cents for miles driven from January 1st to June 30th and 58.5 cents for miles driven from July 1st through December 31st. Understand that the IRS mileage rate for deductible miles driven for medical, moving and charity purposes is different then for miles driven for busine
