The 2009 optional standard mileage rates have been released. The mileage rates will decrease from the second half of 2008. Beginning January 1, 2009, the standard business mileage rate will be 55 cents per mile, the standard medical or moving mileage rate will be 24 cents per mile, and the standard charitable rate will be 14 cents per mile. For January — June 2008, the rates were 50.5 cents per mile, 19 cents per mile, and 14 cents per mile, respectively. For July — December 2008, the rates were 58.5 cents per mile, 27 cents per mile, and 14 cents per mile.
Accounting and Tax Services
About Reed Tinsley, CPA
As a top advisor to physicians, I help increase practice profits by delivering hands-on, expert medical accounting/tax support, practice counsel, and revenue-building strategies. Read more →