New IRS Mileage Rate for 2010
Usually at this time of year everyone anticipates a hike in the IRS mileage rate. Surprise!! In 2010 the rate is going down – the 55 cent allowance for 2009 is being lowered to 50 cents per mile. The IRS predicts a generally lower transportation cost for the coming year than for last year. Let’s hope they’re right.
Category: Good To Know
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