Monday, June 27, 2011

IRS Mileage Reimbursement Increases as of July1

The IRS has announced an increase in the mileage reimbursement beginning July 1, 2011 through to the end of the year. In recognition of recent gasoline price increases, the IRS made this special adjustment for the final months of 2011. The IRS normally updates the mileage rates once a year in the fall for the next calendar year.
For more information the link below will bring you to the article on the IRS website.
http://www.irs.gov/newsroom/article/0,,id=240903,00.html?portlet=6

No comments:

Post a Comment