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IRS: 2010 standard business mileage rate will be 50 cents
December 03, 2009
From an IRS news release:
Beginning on Jan. 1, 2010, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:* 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
The 2009 rate was 55 cents. More at Rev. Proc. 2009-54.
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