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Standard Mileage Rate

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Standard Mileage Rate

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2008


The IRS has annouced an increase in the standard mileage rate beginning July 1, 2008, and for the remainder of 2008. 

The new rates for the use of a car
(including vans, pickups or panel trucks) will be:

58.5 cents per mile for business miles 
27 cents per mile for medical or moving purposes
14 cents per mile for charitable organizations

Previous mileage rates 1/1/08 - 6/30/08

50.5 cents per mile for business miles
19 cents per mile for medical or moving purposes
14 cents per mile for charitable organizations



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Drouin Associates, LLC
197 Loudon Road, Suite 210
Concord, NH 03301
Tel (603) 225-9400 Fax (866) 688-6727