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IRS Announces 2008 Standard Mileage Deduction

Posted on Jan 3, 2008

Beginning Jan. 1, 2008, the standard mileage rates for the use of a car (including vans, pickups or panel trucks) will be:

50.5 cents per mile for business miles driven;

For more information, check out the IRS website at www.irs.gov (http://www.irs.gov/newsroom/article/0,,id=176030,00.html)

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