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IRS Mileage rate increases July 1, 2011
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IRS Mileage rate increases July 1, 2011

by | Jul 7, 2011 | Accounting News, Uncategorized

IRS announced that the mileage rate will increase 4.5¢.  The new mileage rate will be 55.5¢ per mile for business travel from July 1, 2011 to December 31, 2011.  The rate for using a car to get medical care will also increase 4.5¢ for the last half of 2011 from 19¢ to 23.5¢  per mile.

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