Friday, December 4, 2009

USA: 2010 Mileage Rates - IRS Announced

Yesterday, December 3rd 2009 - the US IRS (Internal Revenue Services) Announced the Optional 2010 Mileage Rates applicable costs of operating an automobile for business, charitable, medical or moving purposes.

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 effectivity of above identified Mileage Rates will be January 1, 2010. Per IRS studies, compared to a year ago these rates for 2010 are lower because of lower transportation costs.

In order to read the actual announcement from US IRS, please click on the link - IRS Announced 2010 Mileage.

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