The IRS has released adjustments to the mileage rates that can be used for business driving, driving for medical or moving purposes, or charitable driving. Effective January 1, 2011, the standard mileage rates for the use of a car, van, pickup, or panel truck will be 51¢ per mile for business miles, 19¢ for medical or moving purposes, and 14¢ for charitable driving.
Do you have questions about the 2011 IRS mileage rates? Contact us today:
ENGELMAN ACCOUNTANCY CORPORATION
177 Bovet Road, Suite 100
San Mateo, CA 94402