IRS announces 2010 standard mileage rates

Written by Reed Tinsley | December 7, 2009

 

Beginning on Jan. 1, 2010, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

* 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

For details go to:

http://www.irs.gov/newsroom/article/0,,id=216048,00.html

About the Author

Reed Tinsley CPA

This article is written by Reed Tinsley, a Houston, TX-based CPA with over 30 years of experience advising physicians and medical practices across Texas and the United States. Reed holds certifications as a Certified Valuation Analyst (CVA), Certified Healthcare Business Consultant (CHBC), and Certified Financial Planner (CFP), specializing exclusively in the healthcare sector. He is a published author, nationally recognized speaker, and trusted advisor to physicians on accounting & tax, practice management, and financial planning. Schedule a Free Consultation.

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