IRS Mileage rate increases July 1, 2011
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.