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IRS Standard Business Mileage Tax Deduction Rate

There has been a recent increase in the standard mileage tax deduction rate. It has increased from the previous 48.5 cents per mile to 50.5 cents per mile. This new increase took effect on January 1st, 2008.

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Rating: 100% positive, 1 Vote
Categories: Standard Business Mileage Deduction Rate
Added: on Nov 25, 2009 at 7:48 am
Added By: snowlisa29
Searches: rate mileage standard deduction business

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