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Thursday, June 23, 2011
IRS Up's Mileage deductions
Well the IRS has cut us a bit of a break due to the higher gas prices. 4.5 cents to be exact - so now each business mile you drive is worth a 55.5 cent deduction as of July 1, 2011. Not a bad break for those of you small business owners. Remember - Document, Document, Document!
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