IRS Announces 2012 Standard Mileage Rates

Today, the IRS announced the 2012 mileage rates.  The business mileage rate remains unchanged at $0.555/mile.  The final move deductible rate was reduced from $0.235/mile to $0.23/mile.

The following link has more information:

http://www.irs.gov/newsroom/article/0,,id=250882,00.html

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