Showing posts with label mileage deduction. Show all posts
Showing posts with label mileage deduction. Show all posts

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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