Posts tagged as:

mileage

Midyear Mileage Rate Changes Offer Relief, Likely to Cause Confusion

5 July 2011

After months of speculation and roller coaster oil prices, the IRS finally announced an increase in the optional standard mileage rates. The IRS generally only updates mileage rates once a year. However, with gas prices still on the rise, the IRS made an adjustment midyear. Doug Shulman said, about the increase: This year’s increased gas prices [...]

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We Have Our Logbook Winners!

12 January 2010

Thanks to all who participated in our Logbook contest! Our winners are Jennifer and John. Congrats! You can read all of the comments here.

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Mileage? There’s an App for That.

11 January 2010

Despite the much ballyhooed drop in the IRS’ standard mileage rates for 2010, they’re still not bad. For 2010, the rates are: 50 cents per mile for business miles driven 16.5 cents per mile driven for medical or moving purposes 14 cents per mile driven in service of charitable organizations Yes, the rates are slightly [...]

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Ask the taxgirl: 2010 Mileage Rates

3 December 2009

Taxpayer asks: I haven’t seen the 2010 standard mileage rates that the IRS usually puts out at the end of November. Do you know if there was an announcement on this? Taxgirl says: You have super timing! I received this email at 8:53 a.m. today. At 2:36 p.m., an email from IRS landed in my [...]

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Ask the taxgirl: 2008 Mileage Rates

5 March 2009

Taxpayer asks: I understand mileage rates changed in the middle of the year by the IRS. Can you offer the mileage rates for medical and for service with a non-profit. Taxgirl says: The craziness in gas prices this year did lead to a complicated mileage arrangement for 2008. The IRS normally updates mileage only once [...]

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Gas Tops $4/Gallon, IRS Finally Ups Mileage Rate

23 June 2008

It cost me nearly $50 to fill my tank this week – $50! And I drive a pretty fuel efficient car. Gas in my home town has hit $4.25/gallon for plain old standard gas. Yuck. Gas prices are just climbing and climbing. At least there’s a small break: the mileage rate for business miles has [...]

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Ask the taxgirl: Mileage

20 June 2008

Taxpayer asks: What is the rule for claiming mileage for work on your taxes? I thought you could only claim it if your job sends you somewhere besides your normal daily commute, like if you have to travel to attend a meeting. My husband says that everybody on his job claims mileage for every travel [...]

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