Mileage rate increased.

PositionNews & trends - Brief article

Due to rising gas prices, the mileage rate will increase by eight cents to 58.5 cents a mile for all business miles driven from July 1 through Dec. 31, 2008. The new rate for computing deductible medical or moving expenses also will increase by eight cents to 27 cents a mile. The rate for providing services for charitable organizations is set by statute...

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