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IRS mileage change http://fugitiverecovery.com/forum/viewtopic.php?f=13&t=8644 |
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Author: | DMARTZ [ Tue 24 Jun 2008 10:53 ] |
Post subject: | IRS mileage change |
I am sure Kathy our CPA already knows but for those of us that don't the IRS has change the rate. Jan. 1 through June 30 the rate is 50.5 cents a mile July 1 through Dec. 31 the rate is 58.5 You can charge what you want but this is all you can deduct. The rest you have to show as profit. when you have a profit. |
Author: | BigDave [ Tue 24 Jun 2008 20:37 ] |
Post subject: | Re: IRS mileage change |
Thanks for posting the notice. I wasn't aware that they were changing. |
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