What are the IRS standard mileage rates for 2009?
Beginning in January 2009, the standard mileage reimbursement rate for business use of a personal vehicle will drop to 55 cents per mile. The new rate is lower than the 58.5 cents per mile rate established for the second half of 2008 due to higher gasoline prices at that time. Additional information on IRS standard mileage rates may be found in Revenue Procedure 2008-72.