Business Auto Mileage Rate Increase

The IRS has announced the following increases in the stanadard mileage rates beginning July 1, 2011:

Mileage Rate Changes

Purpose	Rates 1/1 through 6/30/11	Rates 7/1 through 12/31/11
Business	51	55.5
Medical/Moving	19	23.5
Charitable	14	14

The information is from IRS Announcement 2011-40.

Tax law can change daily, please talk to your tax adviser before making decisions that will affect your taxes.